Stonebrook Private Inc. trimmed its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 13.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 41,026 shares of the company’s stock after selling 6,596 shares during the period. Stonebrook Private Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $1,927,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Zions Bancorporation N.A. acquired a new position in shares of iShares U.S. Infrastructure ETF in the second quarter valued at approximately $33,000. ORG Partners LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the second quarter worth $36,000. Deane Retirement Strategies Inc. bought a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter worth $52,000. LGT Financial Advisors LLC increased its holdings in iShares U.S. Infrastructure ETF by 36.6% in the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after purchasing an additional 349 shares during the period. Finally, International Assets Investment Management LLC bought a new position in iShares U.S. Infrastructure ETF during the 2nd quarter worth $65,000.
iShares U.S. Infrastructure ETF Price Performance
BATS IFRA opened at $51.22 on Friday. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The company has a 50 day moving average of $47.70 and a 200-day moving average of $45.16.
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.
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Want to see what other hedge funds are holding IFRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report).
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