Lane Brothers & Co. Inc. purchased a new position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 70,763 shares of the company’s stock, valued at approximately $3,724,000. iShares U.S. Infrastructure ETF makes up approximately 2.7% of Lane Brothers & Co. Inc.’s portfolio, making the stock its 9th largest holding. Lane Brothers & Co. Inc. owned 0.13% of iShares U.S. Infrastructure ETF at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in the stock. International Assets Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $26,000. Bayban purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at about $27,000. Aventura Private Wealth LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at about $28,000. High Point Wealth Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at about $28,000. Finally, Smartleaf Asset Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter worth about $28,000.
iShares U.S. Infrastructure ETF Price Performance
Shares of IFRA opened at $61.99 on Friday. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 52 week low of $47.60 and a 52 week high of $63.24. The stock’s 50-day moving average price is $60.97 and its 200-day moving average price is $58.00.
iShares U.S. Infrastructure ETF 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.
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