Sutton Place Investors LLC Takes Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Sutton Place Investors LLC bought a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,008 shares of the company’s stock, valued at approximately $217,000.

Several other institutional investors also recently modified their holdings of IFRA. Sound Income Strategies LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 410.0% during the fourth quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock valued at $82,000 after acquiring an additional 1,636 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its position in iShares U.S. Infrastructure ETF by 3.1% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,983 shares of the company’s stock worth $402,000 after buying an additional 333 shares in the last quarter. Sharkey Howes & Javer increased its position in iShares U.S. Infrastructure ETF by 8.3% in the fourth quarter. Sharkey Howes & Javer now owns 59,678 shares of the company’s stock worth $2,403,000 after buying an additional 4,568 shares in the last quarter. Arete Wealth Advisors LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 45.3% in the third quarter. Arete Wealth Advisors LLC now owns 10,701 shares of the company’s stock worth $392,000 after buying an additional 3,337 shares during the period. Finally, Peoples Bank KS purchased a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter valued at about $85,000.

iShares U.S. Infrastructure ETF Trading Down 1.6 %

Shares of IFRA stock traded down $0.67 on Tuesday, hitting $42.23. 178,205 shares of the stock traded hands. The business has a 50 day moving average price of $41.85 and a 200 day moving average price of $39.45. The stock has a market cap of $2.31 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89.

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.