Consolidated Capital Management LLC Takes Position in iShares U.S. Infrastructure ETF $IFRA

Consolidated Capital Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,066 shares of the company’s stock, valued at approximately $1,582,000. Consolidated Capital Management LLC owned 0.06% of iShares U.S. Infrastructure ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IFRA. Cherry Tree Wealth Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $68,000. Rothschild Investment LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 52.5% in the 4th quarter. Rothschild Investment LLC now owns 1,525 shares of the company’s stock worth $80,000 after acquiring an additional 525 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares U.S. Infrastructure ETF by 3.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 483,634 shares of the company’s stock worth $25,449,000 after acquiring an additional 14,781 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 19.0% in the 4th quarter. Kingsview Wealth Management LLC now owns 7,682 shares of the company’s stock worth $404,000 after acquiring an additional 1,226 shares during the last quarter. Finally, TrustBank acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $10,295,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA opened at $60.92 on Friday. iShares U.S. Infrastructure ETF has a fifty-two week low of $47.43 and a fifty-two week high of $63.24. The firm has a market capitalization of $3.28 billion, a PE ratio of 19.30 and a beta of 0.98. The company’s 50-day moving average is $59.69 and its 200 day moving average is $57.04.

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.