iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 155.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 501,707 shares of the company’s stock after purchasing an additional 305,141 shares during the quarter. Cetera Investment Advisers’ holdings in iShares U.S. Infrastructure ETF were worth $21,754,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Scarborough Advisors LLC increased its position in iShares U.S. Infrastructure ETF by 1,247.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock valued at $46,789,000 after acquiring an additional 1,075,667 shares during the period. Janney Montgomery Scott LLC acquired a new stake in iShares U.S. Infrastructure ETF in the fourth quarter worth about $18,725,000. Hsbc Holdings PLC increased its stake in iShares U.S. Infrastructure ETF by 35.7% during the 4th quarter. Hsbc Holdings PLC now owns 680,734 shares of the company’s stock valued at $27,413,000 after buying an additional 179,229 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 2.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,993,830 shares of the company’s stock worth $281,642,000 after acquiring an additional 163,064 shares during the period. Finally, AlphaQ Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF in the first quarter worth approximately $4,188,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of IFRA traded down $1.11 during mid-day trading on Friday, hitting $44.57. The company’s stock had a trading volume of 185,710 shares. The company has a market cap of $2.45 billion, a PE ratio of 16.71 and a beta of 0.89. The company has a fifty day moving average of $43.36 and a 200-day moving average of $42.14.

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.