Fifth Third Securities Inc. Purchases 97,132 Shares of iShares U.S. Infrastructure ETF $IFRA

Fifth Third Securities Inc. purchased a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 97,132 shares of the company’s stock, valued at approximately $5,345,000.

Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers raised its holdings in iShares U.S. Infrastructure ETF by 52.6% during the first quarter. Cetera Investment Advisers now owns 1,076,201 shares of the company’s stock worth $61,559,000 after purchasing an additional 371,039 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 0.6% in the 1st quarter. Hsbc Holdings PLC now owns 758,522 shares of the company’s stock worth $43,387,000 after acquiring an additional 4,617 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares U.S. Infrastructure ETF by 5.6% during the first quarter. PNC Financial Services Group Inc. now owns 391,663 shares of the company’s stock worth $22,403,000 after purchasing an additional 20,822 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares U.S. Infrastructure ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 329,900 shares of the company’s stock worth $20,797,000 after purchasing an additional 17,288 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 13.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 205,700 shares of the company’s stock worth $12,967,000 after buying an additional 24,899 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

BATS IFRA traded up $0.36 during trading hours on Wednesday, reaching $56.99. The company’s stock had a trading volume of 82,013 shares, compared to its average volume of 371,496. The company’s 50-day moving average is $57.98 and its two-hundred day moving average is $60.03. iShares U.S. Infrastructure ETF has a fifty-two week low of $50.66 and a fifty-two week high of $64.25. The stock has a market cap of $3.07 billion, a PE 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.