SteelPeak Wealth LLC Purchases New Holdings in iShares U.S. Infrastructure ETF $IFRA

SteelPeak Wealth LLC acquired a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 8,844 shares of the company’s stock, valued at approximately $506,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter valued at $26,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the first quarter worth $26,000. Bayban purchased a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at $27,000. Aventura Private Wealth LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at $28,000. Finally, High Point Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at $28,000.

iShares U.S. Infrastructure ETF Trading Down 0.7%

BATS:IFRA opened at $61.41 on Friday. The business’s fifty day moving average price is $61.64 and its 200 day moving average price is $59.29. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 1-year low of $49.49 and a 1-year high of $64.25.

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.