TPG Advisors LLC Acquires Shares of 9,918 iShares U.S. Infrastructure ETF $IFRA

TPG Advisors LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the first quarter, HoldingsChannel reports. The firm bought 9,918 shares of the company’s stock, valued at approximately $567,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 3.1% in the 4th quarter. Global Retirement Partners LLC now owns 5,703 shares of the company’s stock worth $300,000 after acquiring an additional 171 shares in the last quarter. Riverbend Wealth Management LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 1.6% during the fourth quarter. Riverbend Wealth Management LLC now owns 11,301 shares of the company’s stock valued at $595,000 after purchasing an additional 177 shares in the last quarter. Golden State Wealth Management LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 12.7% during the fourth quarter. Golden State Wealth Management LLC now owns 1,609 shares of the company’s stock valued at $85,000 after purchasing an additional 181 shares in the last quarter. Mascoma Wealth Management LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 7.9% during the fourth quarter. Mascoma Wealth Management LLC now owns 2,761 shares of the company’s stock valued at $145,000 after purchasing an additional 203 shares during the last quarter. Finally, PFG Advisors boosted its position in shares of iShares U.S. Infrastructure ETF by 5.1% in the 3rd quarter. PFG Advisors now owns 4,341 shares of the company’s stock worth $229,000 after purchasing an additional 209 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

iShares U.S. Infrastructure ETF stock opened at $63.49 on Monday. The stock’s 50 day moving average is $61.32 and its 200 day moving average is $58.39. The company has a market capitalization of $3.42 billion, a P/E ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a twelve month low of $48.90 and a twelve month high of $64.25.

iShares U.S. Infrastructure ETF Company 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.