FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Sees Large Volume Increase – Should You Buy?

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) saw unusually-high trading volume on Tuesday . 379,617 shares changed hands during mid-day trading, an increase of 385% from the previous session’s volume of 78,229 shares.The stock last traded at $66.4810 and had previously closed at $65.73.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Up 1.1%

The stock has a 50 day moving average of $65.43 and a 200-day moving average of $65.28. The stock has a market capitalization of $3.05 billion, a P/E ratio of 18.12 and a beta of 0.67.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

A number of large investors have recently made changes to their positions in the stock. Bessemer Group Inc. grew its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 56.6% in the first quarter. Bessemer Group Inc. now owns 46,432 shares of the company’s stock worth $2,970,000 after purchasing an additional 16,775 shares during the last quarter. Steph & Co. lifted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 8.5% during the 1st quarter. Steph & Co. now owns 63,688 shares of the company’s stock valued at $4,073,000 after buying an additional 4,978 shares in the last quarter. Rossby Financial LCC bought a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund during the 4th quarter valued at about $714,000. Dorsey & Whitney Trust CO LLC boosted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 10.0% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 36,227 shares of the company’s stock valued at $2,192,000 after buying an additional 3,294 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in FlexShares STOXX Global Broad Infrastructure Index Fund in the 3rd quarter valued at about $426,000.

About FlexShares STOXX Global Broad Infrastructure Index Fund

The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) is an exchange-traded fund that is based on the STOXX Global Broad Infrastructure index, a market-cap-weighted index of global infrastructure companies from developed and emerging markets. NFRA was launched on Oct 8, 2013 and is managed by FlexShares.