TPG Advisors LLC Invests $567,000 in iShares U.S. Infrastructure ETF $IFRA

TPG Advisors LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,918 shares of the company’s stock, valued at approximately $567,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC bought a new stake in iShares U.S. Infrastructure ETF in the fourth quarter valued at $26,000. Merkkuri Wealth Advisors LLC bought a new position in iShares U.S. Infrastructure ETF in the 1st quarter worth $26,000. Bayban bought a new position in iShares U.S. Infrastructure ETF in the 4th quarter worth $27,000. Aventura Private Wealth LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $28,000. Finally, High Point Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at about $28,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $63.49 on Monday. iShares U.S. Infrastructure ETF has a 1 year low of $48.90 and a 1 year high of $64.25. The company has a market cap of $3.42 billion, a P/E ratio of 19.30 and a beta of 0.98. The firm has a 50-day moving average of $61.32 and a 200 day moving average of $58.39.

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.