iShares U.S. Infrastructure ETF (BATS:IFRA – Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 194,464 shares, a decrease of 41.7% from the September 30th total of 333,661 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 306,724 shares, the short-interest ratio is currently 0.6 days.
Institutional Trading of iShares U.S. Infrastructure ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Washington Trust Advisors Inc. acquired a new position in iShares U.S. Infrastructure ETF during the second quarter worth approximately $27,000. NBT Bank N A NY grew its holdings in shares of iShares U.S. Infrastructure ETF by 1,098.1% during the 1st quarter. NBT Bank N A NY now owns 635 shares of the company’s stock worth $36,000 after purchasing an additional 582 shares in the last quarter. Signature Equity Partners LLC raised its position in shares of iShares U.S. Infrastructure ETF by 74.6% in the 1st quarter. Signature Equity Partners LLC now owns 688 shares of the company’s stock valued at $39,000 after buying an additional 294 shares in the last quarter. American National Bank & Trust bought a new position in iShares U.S. Infrastructure ETF in the third quarter valued at approximately $43,000. Finally, Mather Group LLC. acquired a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth $80,000.
iShares U.S. Infrastructure ETF Price Performance
Shares of IFRA opened at $58.30 on Monday. The firm has a market capitalization of $3.14 billion, a PE ratio of 19.30 and a beta of 0.98. The stock’s fifty day simple moving average is $57.41 and its 200-day simple moving average is $59.35. iShares U.S. Infrastructure ETF has a 12-month low of $50.66 and a 12-month high of $64.25.
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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