Maia Wealth LLC grew its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 7.5% in the third quarter, Holdings Channel.com reports. The fund owned 41,135 shares of the company’s stock after purchasing an additional 2,854 shares during the period. Maia Wealth LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,947,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Zions Bancorporation N.A. acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $33,000. ORG Partners LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $36,000. Deane Retirement Strategies Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $52,000. LGT Financial Advisors LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 36.6% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after acquiring an additional 349 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $65,000.
iShares U.S. Infrastructure ETF Price Performance
Shares of iShares U.S. Infrastructure ETF stock traded up $1.16 during trading on Wednesday, hitting $47.85. 140,300 shares of the company were exchanged. The stock has a market cap of $2.63 billion, a PE ratio of 16.71 and a beta of 0.89. The stock has a fifty day moving average of $46.44 and a 200 day moving average of $44.57.
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.
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