EJMK Ventures LLC Takes $618,000 Position in iShares U.S. Infrastructure ETF $IFRA

EJMK Ventures LLC purchased a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, Holdings Channel.com reports. The firm purchased 11,750 shares of the company’s stock, valued at approximately $618,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at $26,000. Aventura Private Wealth LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter worth $28,000. High Point Wealth Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at $28,000. Smartleaf Asset Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at $28,000. Finally, Glassman Wealth Services purchased a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $31,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA opened at $61.99 on Friday. The firm has a market cap of $3.34 billion, a PE ratio of 19.30 and a beta of 0.98. The stock has a 50-day moving average price of $60.97 and a 200-day moving average price of $58.00. iShares U.S. Infrastructure ETF has a 1 year low of $47.60 and a 1 year high of $63.24.

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.