Herbst Group LLC Makes New Investment in iShares U.S. Infrastructure ETF $IFRA

Herbst Group LLC acquired a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 22,142 shares of the company’s stock, valued at approximately $1,165,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $500,000. Compound Planning Inc. raised its holdings in iShares U.S. Infrastructure ETF by 23.5% in the third quarter. Compound Planning Inc. now owns 308,063 shares of the company’s stock valued at $16,272,000 after buying an additional 58,521 shares during the period. Centaurus Financial Inc. lifted its position in iShares U.S. Infrastructure ETF by 162.2% during the second quarter. Centaurus Financial Inc. now owns 26,770 shares of the company’s stock valued at $1,317,000 after buying an additional 16,559 shares in the last quarter. CreativeOne Wealth LLC lifted its position in iShares U.S. Infrastructure ETF by 264.0% during the third quarter. CreativeOne Wealth LLC now owns 16,464 shares of the company’s stock valued at $870,000 after buying an additional 11,941 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new stake in iShares U.S. Infrastructure ETF during the third quarter worth approximately $558,000.

iShares U.S. Infrastructure ETF Stock Up 0.9%

iShares U.S. Infrastructure ETF stock opened at $57.69 on Thursday. iShares U.S. Infrastructure ETF has a 52-week low of $39.94 and a 52-week high of $60.87. The firm has a fifty day moving average of $58.20 and a 200-day moving average of $54.88. The firm has a market capitalization of $3.10 billion, a P/E ratio of 19.30 and a beta of 0.98.

About iShares U.S. Infrastructure ETF

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.