Modern Wealth Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 10,705 shares of the company’s stock, valued at approximately $512,000.
Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $27,000. Flagship Wealth Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF in the fourth quarter worth $46,000. Continuum Advisory LLC boosted 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 purchasing an additional 360 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at $105,000. Finally, MCF Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at $140,000.
iShares U.S. Infrastructure ETF Trading Down 3.1 %
Shares of iShares U.S. Infrastructure ETF stock opened at $45.33 on Friday. The stock’s fifty day simple moving average is $46.79 and its 200 day simple moving average is $47.42. The company has a market capitalization of $2.18 billion, a PE ratio of 19.03 and a beta of 1.05. iShares U.S. Infrastructure ETF has a 12 month low of $40.93 and a 12 month high of $51.99.
iShares U.S. Infrastructure ETF Company 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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Want to see what other hedge funds are holding IFRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report).
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