Redwood Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,247 shares of the company’s stock, valued at approximately $228,000.
Other institutional investors have also recently bought and sold shares of the company. Criterion Capital Advisors LLC purchased a new position in iShares U.S. Infrastructure ETF during the 4th quarter valued at about $29,000. ICA Group Wealth Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the 4th quarter valued at about $34,000. Fifth Third Bancorp grew its stake in iShares U.S. Infrastructure ETF by 364.4% during the 1st quarter. Fifth Third Bancorp now owns 808 shares of the company’s stock valued at $35,000 after acquiring an additional 634 shares in the last quarter. ORG Partners LLC grew its stake in 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 in the last quarter. Finally, Mather Group LLC. purchased a new position in iShares U.S. Infrastructure ETF during the 1st quarter valued at about $69,000.
iShares U.S. Infrastructure ETF Stock Up 0.9 %
Shares of BATS IFRA traded up $0.39 during trading hours on Thursday, hitting $46.18. The stock had a trading volume of 482,814 shares. The firm has a market capitalization of $2.54 billion, a P/E ratio of 16.71 and a beta of 0.89. The company’s 50 day moving average price is $43.27 and its 200-day moving average price is $42.05.
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.
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