Choreo LLC Has $800,000 Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Choreo LLC increased its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 7.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,857 shares of the company’s stock after buying an additional 1,384 shares during the quarter. Choreo LLC’s holdings in iShares U.S. Infrastructure ETF were worth $800,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IFRA. Wharton Business Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 196.1% during the 3rd quarter. Wharton Business Group LLC now owns 1,068,950 shares of the company’s stock worth $39,113,000 after purchasing an additional 707,935 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in iShares U.S. Infrastructure ETF in the 3rd quarter valued at $33,812,000. CWM LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 2.9% in the 4th quarter. CWM LLC now owns 887,402 shares of the company’s stock valued at $35,736,000 after buying an additional 25,254 shares in the last quarter. Mariner LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 8.2% during the 3rd quarter. Mariner LLC now owns 673,151 shares of the company’s stock worth $24,630,000 after acquiring an additional 50,902 shares during the period. Finally, Advocacy Wealth Management Services LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 3.4% during the 3rd quarter. Advocacy Wealth Management Services LLC now owns 643,566 shares of the company’s stock valued at $23,548,000 after acquiring an additional 20,983 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

BATS:IFRA opened at $42.29 on Thursday. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89. The business has a 50-day simple moving average of $41.90 and a 200-day simple moving average of $39.49.

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.