iShares U.S. Infrastructure ETF (BATS:IFRA) Stock Position Increased by Clifford Group LLC

Clifford Group LLC boosted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 12.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,547 shares of the company’s stock after purchasing an additional 1,035 shares during the quarter. Clifford Group LLC’s holdings in iShares U.S. Infrastructure ETF were worth $402,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brookstone Capital Management raised its position in shares of iShares U.S. Infrastructure ETF by 7.9% during the 2nd quarter. Brookstone Capital Management now owns 33,139 shares of the company’s stock worth $1,484,000 after buying an additional 2,425 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the 1st quarter worth about $1,355,000. Strategic Blueprint LLC raised its position in shares of iShares U.S. Infrastructure ETF by 0.8% during the 2nd quarter. Strategic Blueprint LLC now owns 45,883 shares of the company’s stock worth $1,933,000 after buying an additional 378 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth about $33,000. Finally, Orion Portfolio Solutions LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 36.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 55,183 shares of the company’s stock worth $2,199,000 after purchasing an additional 14,695 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of IFRA opened at $46.81 on Friday. The stock has a 50-day simple moving average of $44.70 and a 200 day simple moving average of $43.37. The firm has a market cap of $2.57 billion, a PE ratio of 16.71 and a beta of 0.89.

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.