Cetera Investment Advisers grew its stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 447,619 shares of the company’s stock after acquiring an additional 4,261 shares during the period. Cetera Investment Advisers owned 0.83% of iShares U.S. Infrastructure ETF worth $22,018,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. UMB Bank n.a. bought a new position in iShares U.S. Infrastructure ETF in the second quarter valued at approximately $29,000. Zions Bancorporation National Association UT acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 1st quarter valued at approximately $35,000. Hazlett Burt & Watson Inc. grew its stake in shares of iShares U.S. Infrastructure ETF by 77.3% in the first quarter. Hazlett Burt & Watson Inc. now owns 920 shares of the company’s stock valued at $43,000 after buying an additional 401 shares in the last quarter. Elevation Wealth Partners LLC acquired a new position in iShares U.S. Infrastructure ETF during the second quarter worth $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares U.S. Infrastructure ETF during the second quarter worth $52,000.
iShares U.S. Infrastructure ETF Price Performance
Shares of IFRA stock opened at $51.47 on Wednesday. The company has a fifty day moving average price of $52.61 and a two-hundred day moving average price of $50.71. iShares U.S. Infrastructure ETF has a one year low of $39.94 and a one year high of $51.99. The stock has a market cap of $2.77 billion, a P/E ratio of 19.30 and a beta of 0.98.
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.
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