Compound Planning Inc. Raises Stock Position in iShares U.S. Infrastructure ETF $IFRA

Compound Planning Inc. boosted its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 9.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 337,560 shares of the company’s stock after buying an additional 29,497 shares during the quarter. Compound Planning Inc. owned 0.63% of iShares U.S. Infrastructure ETF worth $17,762,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF in the fourth quarter worth approximately $26,000. Aventura Private Wealth LLC acquired a new position in iShares U.S. Infrastructure ETF in the fourth quarter valued at $28,000. High Point Wealth Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at about $28,000. Smartleaf Asset Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth approximately $28,000. Finally, Glassman Wealth Services acquired a new position in iShares U.S. Infrastructure ETF in the 4th quarter valued at about $31,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA opened at $61.99 on Friday. The stock has a market capitalization of $3.34 billion, a P/E ratio of 19.30 and a beta of 0.98. The company’s fifty day moving average is $60.91 and its two-hundred day moving average is $57.97. iShares U.S. Infrastructure ETF has a 1 year low of $47.60 and a 1 year high of $63.24.

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.