True Vision MN LLC raised its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,421 shares of the company’s stock after purchasing an additional 495 shares during the quarter. True Vision MN LLC’s holdings in iShares U.S. Infrastructure ETF were worth $575,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the company. Latitude Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $202,000. Sovran Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at $1,048,000. Apollon Wealth Management LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 8.5% during the 4th quarter. Apollon Wealth Management LLC now owns 22,620 shares of the company’s stock worth $1,047,000 after acquiring an additional 1,769 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth $105,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth $2,219,000.
iShares U.S. Infrastructure ETF Price Performance
BATS:IFRA opened at $47.78 on Tuesday. The company has a fifty day moving average of $47.60 and a two-hundred day moving average of $47.08. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.
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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