Citizens Financial Group Inc. RI Has $2.09 Million Holdings in iShares U.S. Infrastructure ETF $IFRA

Citizens Financial Group Inc. RI lifted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 361.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,477 shares of the company’s stock after buying an additional 28,574 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares U.S. Infrastructure ETF were worth $2,086,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Fifth Third Bancorp raised its position in iShares U.S. Infrastructure ETF by 9,135.7% during the first quarter. Fifth Third Bancorp now owns 23,551 shares of the company’s stock worth $1,347,000 after acquiring an additional 23,296 shares in the last quarter. Sovran Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 23.2% during the 1st quarter. Sovran Advisors LLC now owns 20,535 shares of the company’s stock worth $1,286,000 after purchasing an additional 3,869 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of iShares U.S. Infrastructure ETF by 0.6% during the 1st quarter. Hsbc Holdings PLC now owns 758,522 shares of the company’s stock worth $43,387,000 after purchasing an additional 4,617 shares during the last quarter. Roman Butler Fullerton & Co. raised its holdings in shares of iShares U.S. Infrastructure ETF by 41.7% in the 1st quarter. Roman Butler Fullerton & Co. now owns 8,686 shares of the company’s stock valued at $514,000 after purchasing an additional 2,558 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 31.0% in the 1st quarter. Kestra Advisory Services LLC now owns 70,302 shares of the company’s stock valued at $4,021,000 after purchasing an additional 16,652 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS:IFRA opened at $61.71 on Tuesday. iShares U.S. Infrastructure ETF has a 52-week low of $49.47 and a 52-week high of $64.25. The company has a market capitalization of $3.32 billion, a P/E ratio of 19.30 and a beta of 0.98. The company has a 50-day simple moving average of $61.67 and a 200 day simple moving average of $59.09.

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.