Triad Wealth Partners LLC acquired a new position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 23,163 shares of the company’s stock, valued at approximately $1,072,000.
Other hedge funds have also modified their holdings of the company. Synergy Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the 4th quarter valued at about $226,000. Steward Partners Investment Advisory LLC raised its stake in iShares U.S. Infrastructure ETF by 5.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 53,772 shares of the company’s stock worth $2,489,000 after acquiring an additional 2,955 shares in the last quarter. Jones Financial Companies Lllp raised its stake in iShares U.S. Infrastructure ETF by 85.7% during the 4th quarter. Jones Financial Companies Lllp now owns 36,850 shares of the company’s stock worth $1,706,000 after acquiring an additional 17,002 shares in the last quarter. Maripau Wealth Management LLC purchased a new stake in iShares U.S. Infrastructure ETF in the fourth quarter valued at $208,000. Finally, Nwam LLC acquired a new position in iShares U.S. Infrastructure ETF in the fourth quarter valued at $209,000.
iShares U.S. Infrastructure ETF Stock Performance
Shares of IFRA stock opened at $45.30 on Wednesday. The business’s 50-day moving average price is $47.11 and its 200-day moving average price is $47.37. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.
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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