Lane & Associates LLC grew its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 20.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 15,402 shares of the company’s stock after purchasing an additional 2,616 shares during the period. Lane & Associates LLC’s holdings in iShares U.S. Infrastructure ETF were worth $723,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zions Bancorporation N.A. bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at about $33,000. ORG Partners LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at about $36,000. Deane Retirement Strategies Inc. bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at about $52,000. LGT Financial Advisors LLC raised 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 valued at $55,000 after purchasing an additional 349 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at about $65,000.
iShares U.S. Infrastructure ETF Stock Performance
iShares U.S. Infrastructure ETF stock opened at $51.22 on Friday. The company has a market cap of $2.81 billion, a PE ratio of 16.71 and a beta of 0.89. The firm has a fifty day moving average of $47.81 and a 200-day moving average of $45.22.
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.
Read More
- Five stocks we like better than iShares U.S. Infrastructure ETF
- Investing in Commodities: What Are They? How to Invest in Them
- Vertiv’s Cool Tech Makes Its Stock Red-Hot
- What Are Some of the Best Large-Cap Stocks to Buy?
- MarketBeat Week in Review – 11/18 – 11/22
- What is the Shanghai Stock Exchange Composite Index?
- 2 Finance Stocks With Competitive Advantages You Can’t Ignore
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).
Receive News & Ratings for iShares U.S. Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
