Wellspring Financial Advisors LLC bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,963 shares of the company’s stock, valued at approximately $682,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at about $26,000. Bessemer Group Inc. raised its holdings in shares of iShares U.S. Infrastructure ETF by 226.7% during the 3rd quarter. Bessemer Group Inc. now owns 526 shares of the company’s stock valued at $28,000 after buying an additional 365 shares during the period. Aventura Private Wealth LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at about $28,000. High Point Wealth Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at about $28,000. Finally, Glassman Wealth Services purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at about $31,000.
iShares U.S. Infrastructure ETF Stock Performance
Shares of BATS:IFRA opened at $60.01 on Thursday. The company has a market cap of $3.23 billion, a P/E ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a one year low of $47.60 and a one year high of $63.24. The business’s 50-day simple moving average is $60.40 and its 200 day simple moving average is $57.58.
iShares U.S. Infrastructure ETF 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.
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