The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) reported a significant outflow of approximately $82.5 million, marking a 2.8% week-over-week decrease in shares outstanding, from 48,600,001 to 47,250,001. This shift is notable as it reflects a broader trend of investor activity within the fund.
On October 10, 2023, key components of the NFRA fund saw varied performance: AT&T Inc (T) declined by 0.9%, Comcast Corp (CMCSA) fell by 2.4%, while Southern Company (SO) rose by 0.3%. The NFRA’s latest trade price stands at $61.52, within a 52-week range of $53.01 to $64.26.
This trend in ETF share changes signals potential adjustments in underlying holdings, with implications for the sectors represented in the fund.
