TrustBank Takes Position in iShares U.S. Infrastructure ETF $IFRA

TrustBank purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 195,656 shares of the company’s stock, valued at approximately $10,295,000. iShares U.S. Infrastructure ETF makes up 4.3% of TrustBank’s investment portfolio, making the stock its 6th biggest holding.

Several other large investors have also recently modified their holdings of IFRA. AQR Capital Management LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 76.3% during the 1st quarter. AQR Capital Management LLC now owns 10,566 shares of the company’s stock worth $476,000 after acquiring an additional 4,574 shares in the last quarter. Focus Partners Wealth raised its stake in shares of iShares U.S. Infrastructure ETF by 107.3% during the 1st quarter. Focus Partners Wealth now owns 17,850 shares of the company’s stock worth $805,000 after acquiring an additional 9,240 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of iShares U.S. Infrastructure ETF by 493.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 896 shares of the company’s stock worth $44,000 after acquiring an additional 745 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of iShares U.S. Infrastructure ETF by 129.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 22,336 shares of the company’s stock worth $1,099,000 after acquiring an additional 12,620 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $384,000.

iShares U.S. Infrastructure ETF Stock Up 1.3%

BATS IFRA opened at $61.74 on Wednesday. The firm has a market cap of $3.32 billion, a PE ratio of 19.30 and a beta of 0.98. The company has a 50 day moving average price of $59.46 and a 200 day moving average price of $56.88. iShares U.S. Infrastructure ETF has a 52 week low of $47.43 and a 52 week high of $63.24.

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.