iShares U.S. Infrastructure ETF $IFRA Holdings Raised by Hsbc Holdings PLC

Hsbc Holdings PLC increased its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 753,905 shares of the company’s stock after purchasing an additional 54,996 shares during the quarter. Hsbc Holdings PLC owned approximately 1.40% of iShares U.S. Infrastructure ETF worth $39,670,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the fourth quarter worth approximately $26,000. Bayban acquired a new position in iShares U.S. Infrastructure ETF in the 4th quarter worth approximately $27,000. Aventura Private Wealth LLC purchased a new position in iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $28,000. High Point Wealth Management LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 4th quarter valued at $28,000. Finally, Smartleaf Asset Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter valued at $28,000.

iShares U.S. Infrastructure ETF Stock Down 0.9%

Shares of iShares U.S. Infrastructure ETF stock opened at $62.27 on Wednesday. iShares U.S. Infrastructure ETF has a 12 month low of $48.12 and a 12 month high of $63.24. The stock has a market cap of $3.35 billion, a PE ratio of 19.30 and a beta of 0.98. The business has a fifty day simple moving average of $61.08 and a 200-day simple moving average of $58.17.

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.