Saxon Interests Inc. Acquires Shares of 11,904 iShares U.S. Infrastructure ETF $IFRA

Saxon Interests Inc. bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 1st quarter, Holdings Channel.com reports. The fund bought 11,904 shares of the company’s stock, valued at approximately $681,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Merkkuri Wealth Advisors LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the first quarter valued at approximately $26,000. International Assets Investment Management LLC acquired a new position in iShares U.S. Infrastructure ETF in the 4th quarter valued at $26,000. Bayban bought a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at $27,000. Aventura Private Wealth LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter worth $28,000. Finally, High Point Wealth Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the fourth quarter worth $28,000.

iShares U.S. Infrastructure ETF Stock Down 0.5%

IFRA opened at $61.80 on Wednesday. iShares U.S. Infrastructure ETF has a twelve month low of $49.47 and a twelve month high of $64.25. The company has a 50-day simple moving average of $61.65 and a 200 day simple moving average of $58.85. The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98.

iShares U.S. Infrastructure ETF Company 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.