8,844 Shares in iShares U.S. Infrastructure ETF $IFRA Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 8,844 shares of the company’s stock, valued at approximately $506,000.

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

iShares U.S. Infrastructure ETF Stock Performance

BATS IFRA opened at $61.41 on Friday. iShares U.S. Infrastructure ETF has a twelve month low of $49.49 and a twelve month high of $64.25. The stock has a market cap of $3.30 billion, a PE ratio of 19.30 and a beta of 0.98. The firm has a 50-day simple moving average of $61.64 and a 200 day simple moving average of $59.29.

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.