Cetera Investment Advisers Has $61.56 Million Stock Holdings in iShares U.S. Infrastructure ETF $IFRA

Cetera Investment Advisers grew its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 52.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,076,201 shares of the company’s stock after acquiring an additional 371,039 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Infrastructure ETF were worth $61,559,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IFRA. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at $26,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares U.S. Infrastructure ETF in the first quarter worth $26,000. Bayban bought a new stake in iShares U.S. Infrastructure ETF in the fourth quarter worth $27,000. High Point Wealth Management LLC acquired a new position in iShares U.S. Infrastructure ETF during the fourth quarter worth $28,000. Finally, Smartleaf Asset Management LLC acquired a new position in iShares U.S. Infrastructure ETF during the fourth quarter worth $28,000.

iShares U.S. Infrastructure ETF Price Performance

BATS IFRA opened at $62.69 on Friday. iShares U.S. Infrastructure ETF has a fifty-two week low of $49.49 and a fifty-two week high of $64.25. The stock’s 50-day moving average is $61.68 and its two-hundred day moving average is $59.60. The firm has a market cap of $3.37 billion, a P/E 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.