Sutton Place Investors LLC Takes Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Sutton Place Investors LLC bought a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,008 shares of the company’s stock, valued at approximately $217,000.

Several other large investors also recently added to or reduced their stakes in IFRA. Warner Financial Inc. boosted its holdings in iShares U.S. Infrastructure ETF by 0.7% in the fourth quarter. Warner Financial Inc. now owns 38,350 shares of the company’s stock valued at $1,544,000 after purchasing an additional 257 shares during the period. Atlas Private Wealth Management boosted its stake in iShares U.S. Infrastructure ETF by 1.5% during the 4th quarter. Atlas Private Wealth Management now owns 18,846 shares of the company’s stock worth $759,000 after purchasing an additional 272 shares during the period. Raleigh Capital Management Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF by 6.9% during the fourth quarter. Raleigh Capital Management Inc. now owns 4,448 shares of the company’s stock worth $179,000 after buying an additional 286 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of iShares U.S. Infrastructure ETF by 1.1% in the third quarter. Brookstone Capital Management now owns 27,677 shares of the company’s stock valued at $980,000 after purchasing an additional 307 shares during the period. Finally, Strategic Blueprint LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 0.6% during the fourth quarter. Strategic Blueprint LLC now owns 53,129 shares of the company’s stock worth $2,140,000 after purchasing an additional 314 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

IFRA traded down $0.67 during trading on Tuesday, reaching $42.23. The company’s stock had a trading volume of 178,205 shares. The company has a market capitalization of $2.31 billion, a P/E ratio of 15.97 and a beta of 0.89. The firm has a 50-day moving average of $41.85 and a two-hundred day moving average of $39.45.

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.