Forte Asset Management LLC Purchases Shares of 38,206 iShares U.S. Infrastructure ETF $IFRA

Forte Asset Management LLC acquired a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 38,206 shares of the company’s stock, valued at approximately $2,010,000. Forte Asset Management LLC owned 0.07% of iShares U.S. Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Curi Capital LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the second quarter valued at approximately $17,612,000. Touchstone Capital Inc. bought a new stake in iShares U.S. Infrastructure ETF in the third quarter valued at $17,683,000. Bank of America Corp DE boosted its holdings in iShares U.S. Infrastructure ETF by 2.2% in the third quarter. Bank of America Corp DE now owns 10,015,425 shares of the company’s stock valued at $529,015,000 after acquiring an additional 217,548 shares in the last quarter. CW Advisors LLC increased its position in iShares U.S. Infrastructure ETF by 925.4% during the 2nd quarter. CW Advisors LLC now owns 150,987 shares of the company’s stock valued at $7,427,000 after purchasing an additional 136,263 shares during the period. Finally, Raymond James Financial Inc. increased its position in iShares U.S. Infrastructure ETF by 18.2% during the 3rd quarter. Raymond James Financial Inc. now owns 457,569 shares of the company’s stock valued at $24,169,000 after purchasing an additional 70,401 shares during the period.

iShares U.S. Infrastructure ETF Trading Down 0.1%

Shares of BATS IFRA opened at $57.65 on Friday. The firm has a fifty day simple moving average of $58.22 and a two-hundred day simple moving average of $54.90. iShares U.S. Infrastructure ETF has a 12 month low of $39.94 and a 12 month high of $60.87. The firm has a market capitalization of $3.10 billion, a PE 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.