Simon Quick Advisors LLC Invests $1.60 Million in iShares U.S. Infrastructure ETF $IFRA

Simon Quick Advisors LLC purchased a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 32,561 shares of the company’s stock, valued at approximately $1,602,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Schmidt P J Investment Management Inc. grew its position in shares of iShares U.S. Infrastructure ETF by 4.2% during the 2nd quarter. Schmidt P J Investment Management Inc. now owns 5,135 shares of the company’s stock worth $253,000 after buying an additional 207 shares in the last quarter. Elios Financial Group Inc. grew its position in shares of iShares U.S. Infrastructure ETF by 0.3% during the 1st quarter. Elios Financial Group Inc. now owns 134,143 shares of the company’s stock worth $6,046,000 after buying an additional 348 shares in the last quarter. Riverbend Wealth Management LLC grew its position in shares of iShares U.S. Infrastructure ETF by 3.2% during the 2nd quarter. Riverbend Wealth Management LLC now owns 11,196 shares of the company’s stock worth $551,000 after buying an additional 349 shares in the last quarter. Hazlett Burt & Watson Inc. grew its position in shares of iShares U.S. Infrastructure ETF by 77.3% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 920 shares of the company’s stock worth $43,000 after buying an additional 401 shares in the last quarter. Finally, Redwood Investment Management LLC grew its position in shares of iShares U.S. Infrastructure ETF by 7.2% during the 1st quarter. Redwood Investment Management LLC now owns 6,054 shares of the company’s stock worth $273,000 after buying an additional 409 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Up 12.5%

Shares of BATS:IFRA opened at $52.60 on Friday. The company has a market capitalization of $2.83 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 52 week low of $39.94 and a 52 week high of $51.99. The firm has a 50 day moving average of $52.51 and a 200 day moving average of $49.93.

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.