S&A Financial Services Inc. bought a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,743 shares of the company’s stock, valued at approximately $1,186,000.
Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $26,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 1st quarter valued at $26,000. Bayban acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at $27,000. High Point Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at $28,000. Finally, Smartleaf Asset Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at $28,000.
iShares U.S. Infrastructure ETF Stock Performance
Shares of BATS:IFRA opened at $60.57 on Monday. iShares U.S. Infrastructure ETF has a 1 year low of $49.49 and a 1 year high of $64.25. The business has a fifty day simple moving average of $61.73 and a 200 day simple moving average of $59.87. The firm has a market cap of $3.26 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.
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