9,505 Shares in iShares U.S. Infrastructure ETF $IFRA Bought by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,505 shares of the company’s stock, valued at approximately $544,000.

A number of other institutional investors have also recently bought and sold shares of the business. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the 1st quarter worth $26,000. International Assets Investment Management LLC bought a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at about $26,000. Bayban bought a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at about $27,000. High Point Wealth Management LLC purchased a new stake in iShares U.S. Infrastructure ETF during the fourth quarter worth about $28,000. Finally, Smartleaf Asset Management LLC purchased a new stake in iShares U.S. Infrastructure ETF during the fourth quarter worth about $28,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA stock opened at $61.96 on Thursday. The firm has a market cap of $3.33 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 $49.49 and a 52 week high of $64.25. The firm’s 50-day simple moving average is $61.62 and its two-hundred day simple moving average is $59.51.

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.