Centaurus Financial Inc. Raises Position in iShares U.S. Infrastructure ETF $IFRA

Centaurus Financial Inc. increased its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 162.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,770 shares of the company’s stock after buying an additional 16,559 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $1,317,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Curi Capital LLC purchased a new position in iShares U.S. Infrastructure ETF in the 2nd quarter worth approximately $17,612,000. CW Advisors LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 925.4% during the second quarter. CW Advisors LLC now owns 150,987 shares of the company’s stock valued at $7,427,000 after purchasing an additional 136,263 shares during the period. Compound Planning Inc. lifted its position in shares of iShares U.S. Infrastructure ETF by 66.9% during the first quarter. Compound Planning Inc. now owns 226,838 shares of the company’s stock worth $10,224,000 after purchasing an additional 90,935 shares in the last quarter. Keel Point LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the second quarter valued at $1,710,000. Finally, Simon Quick Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter valued at $1,602,000.

iShares U.S. Infrastructure ETF Price Performance

iShares U.S. Infrastructure ETF stock opened at $53.50 on Tuesday. iShares U.S. Infrastructure ETF has a 12-month low of $39.94 and a 12-month high of $51.99. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The firm’s fifty day moving average price is $52.81 and its 200 day moving average price is $51.42.

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.