Immaculate Wealth Management LLC purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,568 shares of the company’s stock, valued at approximately $719,000. iShares U.S. Infrastructure ETF comprises 5.7% of Immaculate Wealth Management LLC’s investment portfolio, making the stock its 10th largest position.
Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $26,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 1st quarter valued at approximately $26,000. Bayban purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at approximately $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 approximately $28,000. Finally, Smartleaf Asset Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth approximately $28,000.
iShares U.S. Infrastructure ETF Stock Performance
Shares of BATS:IFRA opened at $60.57 on Friday. The company has a fifty day simple moving average of $61.73 and a 200 day simple moving average of $59.84. The firm has a market cap of $3.26 billion, a PE ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 12-month low of $49.49 and a 12-month high of $64.25.
About iShares U.S. Infrastructure ETF
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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