Tsfg LLC Grows Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Tsfg LLC raised its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,147 shares of the company’s stock after buying an additional 1,108 shares during the quarter. Tsfg LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,059,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC grew its holdings 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 acquiring an additional 25,254 shares during the period. Lincoln National Corp grew its holdings in iShares U.S. Infrastructure ETF by 44.2% during the fourth quarter. Lincoln National Corp now owns 13,460 shares of the company’s stock worth $542,000 after acquiring an additional 4,128 shares during the period. TSA Wealth Managment LLC acquired a new stake in iShares U.S. Infrastructure ETF in the fourth quarter valued at approximately $1,597,000. Diversify Advisory Services LLC acquired a new stake in iShares U.S. Infrastructure ETF in the first quarter valued at approximately $1,355,000. Finally, Orion Portfolio Solutions LLC grew its holdings in iShares U.S. Infrastructure ETF by 36.3% in the fourth quarter. Orion Portfolio Solutions LLC now owns 55,183 shares of the company’s stock valued at $2,199,000 after purchasing an additional 14,695 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA traded down $0.02 during midday trading on Wednesday, hitting $43.82. The stock had a trading volume of 141,116 shares. The firm has a market capitalization of $2.41 billion, a P/E ratio of 16.71 and a beta of 0.89. The company’s 50-day simple moving average is $43.34 and its 200 day simple moving average is $42.45.

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.