Northwest Capital Management Inc Has $148,000 Stock Position in iShares U.S. Infrastructure ETF $IFRA

Northwest Capital Management Inc reduced its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 77.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,808 shares of the company’s stock after selling 9,569 shares during the period. Northwest Capital Management Inc’s holdings in iShares U.S. Infrastructure ETF were worth $148,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IFRA. AQR Capital Management LLC raised its holdings in iShares U.S. Infrastructure ETF by 76.3% during the 1st quarter. AQR Capital Management LLC now owns 10,566 shares of the company’s stock worth $476,000 after buying an additional 4,574 shares during the period. Focus Partners Wealth raised its holdings in iShares U.S. Infrastructure ETF by 107.3% during the 1st quarter. Focus Partners Wealth now owns 17,850 shares of the company’s stock worth $805,000 after buying an additional 9,240 shares during the period. Russell Investments Group Ltd. raised its holdings in iShares U.S. Infrastructure ETF by 493.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 896 shares of the company’s stock worth $44,000 after buying an additional 745 shares during the period. Qube Research & Technologies Ltd raised its holdings in iShares U.S. Infrastructure ETF by 129.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 22,336 shares of the company’s stock worth $1,099,000 after buying an additional 12,620 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $384,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA stock opened at $59.09 on Thursday. The company has a market capitalization of $3.18 billion, a P/E ratio of 19.30 and a beta of 0.98. The company’s 50 day moving average price is $58.62 and its two-hundred day moving average price is $55.36. iShares U.S. Infrastructure ETF has a 52 week low of $42.58 and a 52 week high of $60.87.

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.