MML Investors Services LLC raised its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 8.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 680,637 shares of the company’s stock after buying an additional 50,214 shares during the quarter. MML Investors Services LLC’s holdings in iShares U.S. Infrastructure ETF were worth $31,507,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in iShares U.S. Infrastructure ETF in the third quarter valued at $27,000. Flagship Wealth Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF during the fourth quarter worth about $46,000. Golden State Wealth Management LLC acquired a new stake in iShares U.S. Infrastructure ETF during the fourth quarter worth about $105,000. MCF Advisors LLC acquired a new position in iShares U.S. Infrastructure ETF in the fourth quarter valued at approximately $140,000. Finally, WealthTrak Capital Management LLC purchased a new stake in iShares U.S. Infrastructure ETF in the 4th quarter worth approximately $148,000.
iShares U.S. Infrastructure ETF Price Performance
BATS:IFRA opened at $44.06 on Monday. The company has a 50 day moving average price of $45.25 and a 200-day moving average price of $47.10. iShares U.S. Infrastructure ETF has a 1-year low of $39.94 and a 1-year high of $51.99. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 17.93 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.
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