5,247 Shares in iShares U.S. Infrastructure ETF (BATS:IFRA) Purchased by Redwood Investment Management LLC

Redwood Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) 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.