FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Hits New 12-Month High at $60.00

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $60.00 and last traded at $60.00, with a volume of 100 shares changing hands. The stock had previously closed at $59.95.

FlexShares STOXX Global Broad Infrastructure Index Fund Trading Down 0.7 %

The company has a market capitalization of $2.47 billion, a P/E ratio of 20.96 and a beta of 0.64. The stock has a 50 day moving average price of $56.64 and a 200 day moving average price of $54.69.

Hedge Funds Weigh In On FlexShares STOXX Global Broad Infrastructure Index Fund

Large investors have recently bought and sold shares of the company. Whittier Trust Co. bought a new position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the second quarter valued at $120,000. Bessemer Group Inc. raised its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 318.4% during the 1st quarter. Bessemer Group Inc. now owns 8,836 shares of the company’s stock worth $482,000 after purchasing an additional 6,724 shares during the last quarter. Studio Investment Management LLC lifted its holdings in FlexShares STOXX Global Broad Infrastructure Index Fund by 49.7% during the 4th quarter. Studio Investment Management LLC now owns 14,904 shares of the company’s stock worth $797,000 after buying an additional 4,945 shares during the period. UMB Bank n.a. grew its position in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 16.4% in the 1st quarter. UMB Bank n.a. now owns 16,675 shares of the company’s stock valued at $910,000 after buying an additional 2,345 shares during the last quarter. Finally, Park National Corp OH increased its stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.9% in the first quarter. Park National Corp OH now owns 21,143 shares of the company’s stock valued at $1,154,000 after buying an additional 992 shares during the period.

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.