Citizens Financial Group Inc. RI Buys 16,734 Shares of iShares U.S. Infrastructure ETF $IFRA

Citizens Financial Group Inc. RI purchased a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the third quarter, Holdings Channel reports. The firm purchased 16,734 shares of the company’s stock, valued at approximately $921,000.

Several other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in iShares U.S. Infrastructure ETF by 52.6% in the 1st quarter. Cetera Investment Advisers now owns 1,076,201 shares of the company’s stock worth $61,559,000 after acquiring an additional 371,039 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of iShares U.S. Infrastructure ETF by 0.6% in the first quarter. Hsbc Holdings PLC now owns 758,522 shares of the company’s stock valued at $43,387,000 after acquiring an additional 4,617 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of iShares U.S. Infrastructure ETF by 5.6% during the first quarter. PNC Financial Services Group Inc. now owns 391,663 shares of the company’s stock valued at $22,403,000 after acquiring an additional 20,822 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Infrastructure ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 329,900 shares of the company’s stock valued at $20,797,000 after acquiring an additional 17,288 shares during the last quarter. Finally, Evergreen Capital Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the third quarter valued at about $16,897,000.

iShares U.S. Infrastructure ETF Trading Up 0.0%

iShares U.S. Infrastructure ETF stock opened at $57.67 on Thursday. The firm has a 50-day moving average of $57.50 and a 200-day moving average of $59.31. The firm has a market cap of $3.10 billion, a P/E ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 1-year low of $50.66 and a 1-year 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.