Paller Financial Services Inc Takes Position in iShares U.S. Infrastructure ETF $IFRA

Paller Financial Services Inc acquired a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 62,899 shares of the company’s stock, valued at approximately $3,310,000. iShares U.S. Infrastructure ETF accounts for approximately 2.7% of Paller Financial Services Inc’s holdings, making the stock its 17th biggest holding. Paller Financial Services Inc owned about 0.12% of iShares U.S. Infrastructure ETF at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. AQR Capital Management LLC boosted its position in iShares U.S. Infrastructure ETF by 76.3% during the first quarter. AQR Capital Management LLC now owns 10,566 shares of the company’s stock valued at $476,000 after acquiring an additional 4,574 shares during the last quarter. Focus Partners Wealth raised its position in shares of iShares U.S. Infrastructure ETF by 107.3% in the 1st quarter. Focus Partners Wealth now owns 17,850 shares of the company’s stock worth $805,000 after acquiring an additional 9,240 shares in the last quarter. Global Retirement Partners LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at about $215,000. Russell Investments Group Ltd. lifted its stake in shares of iShares U.S. Infrastructure ETF by 493.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 896 shares of the company’s stock valued at $44,000 after purchasing an additional 745 shares during the period. Finally, Scotia Capital Inc. boosted its position in shares of iShares U.S. Infrastructure ETF by 26.6% during the 2nd quarter. Scotia Capital Inc. now owns 12,966 shares of the company’s stock valued at $638,000 after purchasing an additional 2,721 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

BATS IFRA opened at $57.20 on Wednesday. The business has a 50 day simple moving average of $58.18 and a 200 day simple moving average of $54.86. iShares U.S. Infrastructure ETF has a one year low of $39.94 and a one year high of $60.87. The stock has a market capitalization of $3.08 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.