Strategy Asset Managers LLC Makes New Investment in iShares U.S. Infrastructure ETF $IFRA

Strategy Asset Managers LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 3rd quarter, Holdings Channel.com reports. The firm bought 39,821 shares of the company’s stock, valued at approximately $2,191,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Hsbc Holdings PLC increased its holdings in iShares U.S. Infrastructure ETF by 7.9% in the 4th quarter. Hsbc Holdings PLC now owns 753,905 shares of the company’s stock valued at $39,670,000 after purchasing an additional 54,996 shares in the last quarter. Hoge Financial Services LLC raised its position in iShares U.S. Infrastructure ETF by 22.7% in the first quarter. Hoge Financial Services LLC now owns 65,877 shares of the company’s stock valued at $3,768,000 after purchasing an additional 12,203 shares during the period. Atomic Invest LLC raised its position in iShares U.S. Infrastructure ETF by 7,454.6% in the second quarter. Atomic Invest LLC now owns 96,095 shares of the company’s stock valued at $6,096,000 after purchasing an additional 94,823 shares during the period. Citadel Advisors LLC purchased a new position in iShares U.S. Infrastructure ETF in the second quarter valued at about $1,102,000. Finally, Evolution Wealth Management Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 111.4% during the first quarter. Evolution Wealth Management Inc. now owns 15,573 shares of the company’s stock worth $891,000 after purchasing an additional 8,207 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of IFRA opened at $56.67 on Thursday. iShares U.S. Infrastructure ETF has a 12 month low of $50.66 and a 12 month high of $64.25. The stock’s 50-day moving average is $58.33 and its two-hundred day moving average is $60.04. The stock has a market cap of $3.05 billion, a PE ratio of 19.30 and a beta of 0.98.

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.