TrustBank Acquires New Position in iShares U.S. Infrastructure ETF $IFRA

TrustBank acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 195,656 shares of the company’s stock, valued at approximately $10,295,000. iShares U.S. Infrastructure ETF makes up 4.3% of TrustBank’s holdings, making the stock its 6th biggest position. TrustBank owned approximately 0.36% of iShares U.S. Infrastructure ETF as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Clune & Associates LTD. raised its holdings in shares of iShares U.S. Infrastructure ETF by 9.1% in the 4th quarter. Clune & Associates LTD. now owns 13,979 shares of the company’s stock valued at $736,000 after purchasing an additional 1,162 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the 4th quarter. Global Retirement Partners LLC now owns 5,703 shares of the company’s stock valued at $300,000 after purchasing an additional 171 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at about $72,000. HighTower Advisors LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 4.3% in the 4th quarter. HighTower Advisors LLC now owns 156,057 shares of the company’s stock valued at $8,212,000 after purchasing an additional 6,454 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of iShares U.S. Infrastructure ETF by 14.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 120,178 shares of the company’s stock valued at $6,373,000 after purchasing an additional 15,287 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

BATS:IFRA opened at $61.74 on Wednesday. iShares U.S. Infrastructure ETF has a one year low of $47.43 and a one year high of $63.24. The firm has a market cap of $3.32 billion, a P/E ratio of 19.30 and a beta of 0.98. The firm has a 50-day simple moving average of $59.46 and a 200-day simple moving average of $56.88.

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.