Moneywise Inc. raised its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 88.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,364 shares of the company’s stock after buying an additional 15,218 shares during the quarter. iShares U.S. Infrastructure ETF comprises about 0.7% of Moneywise Inc.’s investment portfolio, making the stock its 29th biggest holding. Moneywise Inc. owned about 0.06% of iShares U.S. Infrastructure ETF worth $1,520,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in IFRA. Zions Bancorporation N.A. purchased a new position in iShares U.S. Infrastructure ETF during the second quarter valued at $33,000. ORG Partners LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth $36,000. Deane Retirement Strategies Inc. bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth $52,000. LGT Financial Advisors LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 36.6% in the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock worth $55,000 after purchasing an additional 349 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth $65,000.
iShares U.S. Infrastructure ETF Trading Down 0.7 %
iShares U.S. Infrastructure ETF stock opened at $47.77 on Tuesday. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business has a 50 day simple moving average of $45.87 and a two-hundred day simple moving average of $44.18.
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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