iShares U.S. Infrastructure ETF (BATS:IFRA) Position Increased by Stone House Investment Management LLC

Stone House Investment Management LLC boosted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 35.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 45,820 shares of the company’s stock after purchasing an additional 12,040 shares during the period. iShares U.S. Infrastructure ETF comprises 0.6% of Stone House Investment Management LLC’s holdings, making the stock its 20th largest holding. Stone House Investment Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,845,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IFRA. BNP Paribas Arbitrage SA acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 1st quarter valued at $28,000. ORG Partners LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 1,742.6% during the 4th quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock valued at $45,000 after acquiring an additional 1,063 shares during the last quarter. FMR LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 544.3% during the 1st quarter. FMR LLC now owns 1,237 shares of the company’s stock valued at $46,000 after acquiring an additional 1,045 shares during the last quarter. Financial Advocates Investment Management bought a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at approximately $49,000. Finally, ICA Group Wealth Management LLC bought a new stake in iShares U.S. Infrastructure ETF during the fourth quarter worth approximately $54,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA traded down $0.41 during trading on Wednesday, reaching $41.23. The stock had a trading volume of 173,583 shares. The firm’s 50 day moving average is $41.39 and its two-hundred day moving average is $39.06. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 15.08 and a beta of 1.03.

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.