Stone House Investment Management LLC Increases Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Stone House Investment Management LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 35.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,820 shares of the company’s stock after buying an additional 12,040 shares during the quarter. iShares U.S. Infrastructure ETF makes up approximately 0.6% of Stone House Investment Management LLC’s investment portfolio, making the stock its 20th largest position. Stone House Investment Management LLC owned approximately 0.09% of iShares U.S. Infrastructure ETF worth $1,845,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IFRA. BNP Paribas Arbitrage SA purchased a new position in shares of iShares U.S. Infrastructure ETF in the first quarter valued at approximately $28,000. ORG Partners LLC lifted its holdings in iShares U.S. Infrastructure ETF by 1,742.6% in the 4th quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock valued at $45,000 after purchasing an additional 1,063 shares in the last quarter. FMR LLC boosted its stake in iShares U.S. Infrastructure ETF by 544.3% during the 1st quarter. FMR LLC now owns 1,237 shares of the company’s stock worth $46,000 after purchasing an additional 1,045 shares during the last quarter. Financial Advocates Investment Management purchased a new stake in shares of iShares U.S. Infrastructure ETF during the third quarter worth $49,000. Finally, ICA Group Wealth Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter valued at about $54,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA traded down $0.41 during midday trading on Wednesday, reaching $41.23. The company had a trading volume of 173,583 shares. The business has a fifty day simple moving average of $41.39 and a 200 day simple moving average of $39.06. The company has a market capitalization of $2.20 billion, a PE ratio of 15.08 and a beta of 1.03.

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.