Hibernia Wealth Partners LLC Makes New $624,000 Investment in iShares U.S. Infrastructure ETF $IFRA

Hibernia Wealth Partners LLC bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 11,859 shares of the company’s stock, valued at approximately $624,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IFRA. International Assets Investment Management LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 4th quarter worth $26,000. Bessemer Group Inc. boosted its stake in iShares U.S. Infrastructure ETF by 226.7% during the 3rd quarter. Bessemer Group Inc. now owns 526 shares of the company’s stock worth $28,000 after purchasing an additional 365 shares during the last quarter. Aventura Private Wealth LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 4th quarter worth $28,000. High Point Wealth Management LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 4th quarter worth $28,000. Finally, Glassman Wealth Services acquired a new stake in iShares U.S. Infrastructure ETF during the 4th quarter worth $31,000.

iShares U.S. Infrastructure ETF Stock Up 2.1%

Shares of IFRA opened at $61.26 on Friday. iShares U.S. Infrastructure ETF has a 52-week low of $47.60 and a 52-week high of $63.24. The firm’s fifty day moving average is $60.48 and its two-hundred day moving average is $57.65. The stock has a market cap of $3.30 billion, a PE 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.