One Wealth Capital Management LLC acquired a new position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 12,359 shares of the company’s stock, valued at approximately $572,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in iShares U.S. Infrastructure ETF in the 3rd quarter worth $27,000. Zions Bancorporation N.A. purchased a new position in iShares U.S. Infrastructure ETF during the 2nd quarter valued at $33,000. Continuum Advisory LLC increased its position in shares of iShares U.S. Infrastructure ETF by 41.8% during the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares during the period. Gilliland Jeter Wealth Management LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 38.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock valued at $70,000 after purchasing an additional 409 shares in the last quarter. Finally, Semmax Financial Advisors Inc. lifted its position in iShares U.S. Infrastructure ETF by 17.7% during the second quarter. Semmax Financial Advisors Inc. now owns 2,289 shares of the company’s stock valued at $100,000 after acquiring an additional 344 shares during the last quarter.
iShares U.S. Infrastructure ETF Price Performance
BATS:IFRA traded down $0.24 during trading hours on Tuesday, hitting $46.38. 201,028 shares of the company were exchanged. The company’s 50-day moving average is $48.75 and its 200 day moving average is $46.33. The stock has a market cap of $2.55 billion, a PE ratio of 16.71 and a beta of 0.89.
iShares U.S. Infrastructure ETF Profile
The iShares U.S. Infrastructure ETF (IFRA) is an exchange-traded fund that is based on the NYSE FactSet U.S. Infrastructure index. The fund tracks an index of US-listed infrastructure companies that derive a significant portion of their revenue from within the US. IFRA was launched on Apr 3, 2018 and is managed by BlackRock.
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