Atomic Invest LLC boosted its position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 7,454.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,095 shares of the company’s stock after purchasing an additional 94,823 shares during the period. iShares U.S. Infrastructure ETF comprises approximately 0.5% of Atomic Invest LLC’s portfolio, making the stock its 19th biggest holding. Atomic Invest LLC owned 0.18% of iShares U.S. Infrastructure ETF worth $6,096,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in iShares U.S. Infrastructure ETF by 5.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 329,900 shares of the company’s stock worth $20,797,000 after purchasing an additional 17,288 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in iShares U.S. Infrastructure ETF by 262.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 76,720 shares of the company’s stock worth $4,836,000 after acquiring an additional 55,580 shares during the last quarter. Insight Wealth Partners LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 8.0% in the 2nd quarter. Insight Wealth Partners LLC now owns 16,453 shares of the company’s stock valued at $1,037,000 after acquiring an additional 1,222 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 1.2% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 60,581 shares of the company’s stock valued at $3,819,000 after acquiring an additional 736 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 45.2% during the 2nd quarter. NewEdge Advisors LLC now owns 28,866 shares of the company’s stock valued at $1,820,000 after acquiring an additional 8,983 shares during the last quarter.
iShares U.S. Infrastructure ETF Trading Up 0.1%
Shares of BATS:IFRA traded up $0.05 during trading on Friday, reaching $55.54. The company had a trading volume of 136,916 shares, compared to its average volume of 365,289. The company has a fifty day moving average of $59.74 and a two-hundred day moving average of $60.13. The stock has a market capitalization of $2.99 billion, a P/E ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 12 month low of $50.66 and a 12 month high of $64.25.
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.
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