Northern Trust Corp Buys 519 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Northern Trust Corp grew its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 64,153 shares of the company’s stock after acquiring an additional 519 shares during the quarter. Northern Trust Corp owned 0.12% of iShares U.S. Infrastructure ETF worth $2,970,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IFRA. Transce3nd LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth about $42,000. Flagship Wealth Advisors LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at approximately $46,000. Golden State Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at approximately $105,000. WealthTrak Capital Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth approximately $148,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of iShares U.S. Infrastructure ETF by 9.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,267 shares of the company’s stock worth $151,000 after purchasing an additional 286 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

BATS IFRA opened at $47.41 on Friday. The firm has a market capitalization of $2.40 billion, a P/E ratio of 19.68 and a beta of 0.99. The stock’s fifty day moving average is $45.27 and its two-hundred day moving average is $46.96. iShares U.S. Infrastructure ETF has a fifty-two week low of $39.94 and a fifty-two week high of $51.99.

About iShares U.S. Infrastructure ETF

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.