Saxon Interests Inc. Makes New $681,000 Investment in iShares U.S. Infrastructure ETF $IFRA

Saxon Interests Inc. acquired a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,904 shares of the company’s stock, valued at approximately $681,000.

A number of other hedge funds also recently modified their holdings of IFRA. AQR Capital Management LLC raised its holdings in iShares U.S. Infrastructure ETF by 76.3% in the 1st 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 period. Focus Partners Wealth grew its position in shares of iShares U.S. Infrastructure ETF by 107.3% in the first quarter. Focus Partners Wealth now owns 17,850 shares of the company’s stock valued at $805,000 after purchasing an additional 9,240 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of iShares U.S. Infrastructure ETF by 493.4% during the second quarter. Russell Investments Group Ltd. now owns 896 shares of the company’s stock worth $44,000 after purchasing an additional 745 shares during the period. Qube Research & Technologies Ltd increased its stake in shares of iShares U.S. Infrastructure ETF by 129.9% during the second quarter. Qube Research & Technologies Ltd now owns 22,336 shares of the company’s stock worth $1,099,000 after purchasing an additional 12,620 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $384,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA opened at $61.80 on Wednesday. The business has a fifty day simple moving average of $61.65 and a 200 day simple moving average of $58.85. iShares U.S. Infrastructure ETF has a 1 year low of $49.47 and a 1 year high of $64.25. The company has a market capitalization of $3.32 billion, a PE ratio of 19.30 and a beta of 0.98.

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.