SteelPeak Wealth LLC lessened its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 7.5% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,856 shares of the company’s stock after selling 3,798 shares during the period. SteelPeak Wealth LLC owned about 0.09% of iShares U.S. Infrastructure ETF worth $2,032,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in shares of iShares U.S. Infrastructure ETF by 2.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,993,830 shares of the company’s stock worth $281,642,000 after purchasing an additional 163,064 shares during the period. Scarborough Advisors LLC grew its position in iShares U.S. Infrastructure ETF by 1,247.5% during the fourth quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock worth $46,789,000 after buying an additional 1,075,667 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares U.S. Infrastructure ETF by 5.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 977,037 shares of the company’s stock worth $39,345,000 after buying an additional 52,965 shares in the last quarter. CWM LLC grew its position in iShares U.S. Infrastructure ETF by 2.9% during the fourth quarter. CWM LLC now owns 887,402 shares of the company’s stock worth $35,736,000 after buying an additional 25,254 shares in the last quarter. Finally, Hsbc Holdings PLC grew its position in iShares U.S. Infrastructure ETF by 35.7% during the fourth quarter. Hsbc Holdings PLC now owns 680,734 shares of the company’s stock worth $27,413,000 after buying an additional 179,229 shares in the last quarter.
iShares U.S. Infrastructure ETF Stock Up 0.1 %
Shares of BATS:IFRA opened at $42.12 on Monday. The firm has a market capitalization of $2.31 billion, a P/E ratio of 16.71 and a beta of 0.89. The business’s 50-day moving average is $43.16 and its 200 day moving average is $41.46.
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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