iShares U.S. Infrastructure ETF $IFRA Shares Newly Acquired by Evergreen Capital Management LLC

Evergreen Capital Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 307,043 shares of the company’s stock, valued at approximately $16,897,000.

A number of other large investors have also added to or reduced their stakes in IFRA. Washington Trust Advisors Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $27,000. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the first quarter valued at $26,000. NBT Bank N A NY increased its position in iShares U.S. Infrastructure ETF by 1,098.1% in the first quarter. NBT Bank N A NY now owns 635 shares of the company’s stock worth $36,000 after purchasing an additional 582 shares during the last quarter. Signature Equity Partners LLC increased its position in iShares U.S. Infrastructure ETF by 74.6% in the first quarter. Signature Equity Partners LLC now owns 688 shares of the company’s stock worth $39,000 after purchasing an additional 294 shares during the last quarter. Finally, North Star Investment Management Corp. increased its position in iShares U.S. Infrastructure ETF by 70.6% in the first quarter. North Star Investment Management Corp. now owns 708 shares of the company’s stock worth $40,000 after purchasing an additional 293 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.9%

Shares of BATS IFRA opened at $56.58 on Friday. The firm’s 50-day moving average price is $57.70 and its 200-day moving average price is $60.00. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 12-month low of $50.66 and a 12-month high of $64.25.

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.