Stone House Investment Management LLC lessened its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 76.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,634 shares of the company’s stock after selling 48,458 shares during the quarter. Stone House Investment Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $660,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northern Trust Corp raised its position in iShares U.S. Infrastructure ETF by 0.8% during the fourth quarter. Northern Trust Corp now owns 64,153 shares of the company’s stock valued at $2,970,000 after acquiring an additional 519 shares in the last quarter. Citizens Financial Group Inc. RI bought a new position in iShares U.S. Infrastructure ETF during the first quarter valued at approximately $285,000. Focus Partners Wealth bought a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $399,000. Kingsview Wealth Management LLC bought a new position in iShares U.S. Infrastructure ETF during the first quarter valued at approximately $200,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in iShares U.S. Infrastructure ETF by 4.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,511 shares of the company’s stock valued at $1,871,000 after acquiring an additional 1,909 shares in the last quarter.
iShares U.S. Infrastructure ETF Stock Up 8.5%
BATS:IFRA opened at $50.76 on Tuesday. iShares U.S. Infrastructure ETF has a 12 month low of $39.94 and a 12 month high of $51.99. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The company’s 50 day moving average is $49.73 and its 200-day moving average is $47.32.
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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