MML Investors Services LLC Increases Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

MML Investors Services LLC grew its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 8.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 680,637 shares of the company’s stock after purchasing an additional 50,214 shares during the quarter. MML Investors Services LLC owned approximately 1.24% of iShares U.S. Infrastructure ETF worth $31,507,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IFRA. Jane Street Group LLC bought a new position in iShares U.S. Infrastructure ETF in the third quarter worth approximately $224,000. Eaton Financial Holdings Company LLC bought a new position in iShares U.S. Infrastructure ETF in the 3rd quarter worth $1,306,000. Wilmington Savings Fund Society FSB purchased a new position in iShares U.S. Infrastructure ETF during the third quarter valued at $27,000. Bush Investment Group LLC grew its holdings in iShares U.S. Infrastructure ETF by 5.7% during the third quarter. Bush Investment Group LLC now owns 7,277 shares of the company’s stock valued at $342,000 after purchasing an additional 392 shares during the period. Finally, Principal Financial Group Inc. increased its position in iShares U.S. Infrastructure ETF by 31.2% in the third quarter. Principal Financial Group Inc. now owns 120,375 shares of the company’s stock worth $5,654,000 after buying an additional 28,600 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Down 5.8 %

IFRA stock opened at $44.06 on Monday. The business’s 50-day moving average price is $45.25 and its 200-day moving average price is $47.10. The stock has a market cap of $2.21 billion, a P/E ratio of 17.93 and a beta of 0.98. iShares U.S. Infrastructure ETF has a twelve month low of $39.94 and a twelve month high of $51.99.

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.