Centaurus Financial Inc. Boosts Stock Position in iShares U.S. Infrastructure ETF $IFRA

Centaurus Financial Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 162.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 26,770 shares of the company’s stock after acquiring an additional 16,559 shares during the period. Centaurus Financial Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $1,317,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in IFRA. Clifford Group LLC increased its holdings in iShares U.S. Infrastructure ETF by 4.9% in the first quarter. Clifford Group LLC now owns 10,472 shares of the company’s stock valued at $472,000 after buying an additional 490 shares during the last quarter. Client 1ST Advisory Group LLC raised its position in shares of iShares U.S. Infrastructure ETF by 5.7% during the 2nd quarter. Client 1ST Advisory Group LLC now owns 26,607 shares of the company’s stock valued at $1,309,000 after acquiring an additional 1,442 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $83,000. Envestnet Portfolio Solutions Inc. bought a new position in iShares U.S. Infrastructure ETF during the second quarter worth $253,000. Finally, Citizens Financial Group Inc. RI boosted its holdings in iShares U.S. Infrastructure ETF by 15.5% in the second quarter. Citizens Financial Group Inc. RI now owns 7,312 shares of the company’s stock worth $360,000 after purchasing an additional 981 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $53.50 on Tuesday. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 1-year low of $39.94 and a 1-year high of $51.99. The firm has a fifty day moving average price of $52.81 and a two-hundred day moving average price of $51.42.

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.