iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) Shares Down 1% – What’s Next?

iShares U.S. Power Infrastructure ETF (NYSEARCA:POWRGet Free Report)’s stock price dropped 1% on Wednesday . The stock traded as low as $26.47 and last traded at $26.52. 223,282 shares traded hands during trading, an increase of 31% from the average session volume of 170,754 shares. The stock had previously closed at $26.79.

iShares U.S. Power Infrastructure ETF Stock Performance

The stock’s 50 day simple moving average is $27.03 and its 200-day simple moving average is $26.21. The firm has a market cap of $457.69 million, a price-to-earnings ratio of 190.07 and a beta of 0.46.

Hedge Funds Weigh In On iShares U.S. Power Infrastructure ETF

A hedge fund recently bought a new stake in iShares U.S. Power Infrastructure ETF stock. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of iShares U.S. Power Infrastructure ETF (NYSEARCA:POWRFree Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,000 shares of the company’s stock, valued at approximately $393,000. Clal Insurance Enterprises Holdings Ltd owned about 0.14% of iShares U.S. Power Infrastructure ETF as of its most recent filing with the SEC. 60.64% of the stock is owned by institutional investors.

See Also

Receive News & Ratings for iShares U.S. Power Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Power Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.