Cetera Investment Advisers Has $61.56 Million Stock Position in iShares U.S. Infrastructure ETF $IFRA

Cetera Investment Advisers increased its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 52.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,076,201 shares of the company’s stock after acquiring an additional 371,039 shares during the quarter. Cetera Investment Advisers owned 2.00% of iShares U.S. Infrastructure ETF worth $61,559,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IFRA. Hsbc Holdings PLC grew its stake in iShares U.S. Infrastructure ETF by 7.9% during the 4th quarter. Hsbc Holdings PLC now owns 753,905 shares of the company’s stock valued at $39,670,000 after acquiring an additional 54,996 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in shares of iShares U.S. Infrastructure ETF by 312.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 52,353 shares of the company’s stock worth $2,755,000 after purchasing an additional 39,669 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter worth approximately $518,000. Hoge Financial Services LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 22.7% during the first quarter. Hoge Financial Services LLC now owns 65,877 shares of the company’s stock worth $3,768,000 after purchasing an additional 12,203 shares during the period. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of iShares U.S. Infrastructure ETF during the first quarter worth approximately $1,139,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA opened at $62.69 on Friday. The company has a market capitalization of $3.37 billion, a PE ratio of 19.30 and a beta of 0.98. The company’s 50 day moving average price is $61.68 and its 200 day moving average price is $59.60. iShares U.S. Infrastructure ETF has a 52 week low of $49.49 and a 52 week 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.