Atomic Invest LLC increased its position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 7,454.6% in the second quarter, HoldingsChannel reports. The firm owned 96,095 shares of the company’s stock after purchasing an additional 94,823 shares during the quarter. iShares U.S. Infrastructure ETF accounts for approximately 0.5% of Atomic Invest LLC’s holdings, making the stock its 19th biggest holding. Atomic Invest LLC’s holdings in iShares U.S. Infrastructure ETF were worth $6,096,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in iShares U.S. Infrastructure ETF by 52.6% during the 1st quarter. Cetera Investment Advisers now owns 1,076,201 shares of the company’s stock valued at $61,559,000 after acquiring an additional 371,039 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 0.6% during the first quarter. Hsbc Holdings PLC now owns 758,522 shares of the company’s stock valued at $43,387,000 after purchasing an additional 4,617 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 3.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 483,634 shares of the company’s stock valued at $25,449,000 after purchasing an additional 14,781 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares U.S. Infrastructure ETF by 5.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 391,663 shares of the company’s stock worth $22,403,000 after purchasing an additional 20,822 shares in the last quarter. Finally, Compound Planning Inc. boosted its position in shares of iShares U.S. Infrastructure ETF by 9.6% in the 4th quarter. Compound Planning Inc. now owns 337,560 shares of the company’s stock worth $17,762,000 after purchasing an additional 29,497 shares in the last quarter.
iShares U.S. Infrastructure ETF Trading Up 0.1%
iShares U.S. Infrastructure ETF stock traded up $0.05 during mid-day trading on Friday, hitting $55.54. The company had a trading volume of 136,916 shares, compared to its average volume of 365,289. The stock’s 50 day moving average price is $59.74 and its two-hundred day moving average price is $60.13. iShares U.S. Infrastructure ETF has a 12 month low of $50.66 and a 12 month high of $64.25. The company has a market capitalization of $2.99 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.
See Also
- Five stocks we like better than iShares U.S. Infrastructure ETF
- Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion
- Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
- Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out
- Oil May Be Stronger Than It Looks—And Diamondback Is on Sale
Want to see what other hedge funds are holding IFRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report).
Receive News & Ratings for iShares U.S. Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
