WealthTrak Capital Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,205 shares of the company’s stock, valued at approximately $148,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at about $27,000. Flagship Wealth Advisors LLC purchased a new position in iShares U.S. Infrastructure ETF in the fourth quarter worth approximately $46,000. Continuum Advisory LLC grew its holdings in iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at approximately $105,000. Finally, MCF Advisors LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at approximately $140,000.
iShares U.S. Infrastructure ETF Trading Down 3.7 %
iShares U.S. Infrastructure ETF stock opened at $45.06 on Friday. The company has a fifty day simple moving average of $46.73 and a 200-day simple moving average of $47.43. The stock has a market cap of $2.17 billion, a P/E 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 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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