Brinker Capital Investments LLC acquired a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Get Rating) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 6,161 shares of the company’s stock, valued at approximately $223,000.
Other hedge funds have also recently bought and sold shares of the company. BNP Paribas Arbitrage SA bought a new position in iShares U.S. Infrastructure ETF in the 1st quarter valued at $28,000. Heritage Wealth Management LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 388.0% in the 3rd quarter. Heritage Wealth Management LLC now owns 976 shares of the company’s stock worth $31,000 after purchasing an additional 776 shares during the last quarter. Family Asset Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth $62,000. Advisors Preferred LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth $71,000. Finally, Eagle Bay Advisors LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 451.2% in the 4th quarter. Eagle Bay Advisors LLC now owns 2,249 shares of the company’s stock worth $82,000 after purchasing an additional 1,841 shares during the last quarter.
iShares U.S. Infrastructure ETF Trading Down 0.4 %
IFRA stock opened at $37.10 on Tuesday. The business’s fifty day simple moving average is $37.07 and its 200-day simple moving average is $37.20. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 12.60 and a beta of 1.03.
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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