iShares U.S. Infrastructure ETF $IFRA Shares Purchased by Herbst Group LLC

Herbst Group LLC raised its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 42.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,190 shares of the company’s stock after purchasing an additional 8,930 shares during the quarter. Herbst Group LLC owned about 0.06% of iShares U.S. Infrastructure ETF worth $1,903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of iShares U.S. Infrastructure ETF by 2.2% during the 3rd quarter. Bank of America Corp DE now owns 10,015,425 shares of the company’s stock valued at $529,015,000 after buying an additional 217,548 shares during the period. LPL Financial LLC lifted its position in iShares U.S. Infrastructure ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 1,149,312 shares of the company’s stock worth $60,477,000 after acquiring an additional 85,038 shares in the last quarter. Cetera Investment Advisers boosted its holdings in iShares U.S. Infrastructure ETF by 52.6% in the 1st quarter. Cetera Investment Advisers now owns 1,076,201 shares of the company’s stock worth $61,559,000 after acquiring an additional 371,039 shares during the period. Mariner LLC boosted its holdings in iShares U.S. Infrastructure ETF by 5.6% in the 4th quarter. Mariner LLC now owns 1,025,850 shares of the company’s stock worth $53,980,000 after acquiring an additional 54,428 shares during the period. Finally, Hsbc Holdings PLC grew its position in iShares U.S. Infrastructure ETF by 0.6% in the first quarter. Hsbc Holdings PLC now owns 758,522 shares of the company’s stock valued at $43,387,000 after acquiring an additional 4,617 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA opened at $61.13 on Monday. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The company has a 50 day moving average of $61.72 and a two-hundred day moving average of $60.05. iShares U.S. Infrastructure ETF has a 52-week low of $50.49 and a 52-week high of $64.25.

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.