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

Hsbc Holdings PLC grew its holdings 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 (SEC). 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’s holdings in iShares U.S. Infrastructure ETF were worth $39,670,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Global Retirement Partners LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the fourth quarter. Global Retirement Partners LLC now owns 5,703 shares of the company’s stock valued at $300,000 after purchasing an additional 171 shares during the period. Riverbend Wealth Management LLC raised its stake in iShares U.S. Infrastructure ETF by 1.6% during the fourth quarter. Riverbend Wealth Management LLC now owns 11,301 shares of the company’s stock worth $595,000 after purchasing an additional 177 shares during the period. Golden State Wealth Management LLC raised its stake in iShares U.S. Infrastructure ETF by 12.7% during the fourth quarter. Golden State Wealth Management LLC now owns 1,609 shares of the company’s stock worth $85,000 after purchasing an additional 181 shares during the period. Mascoma Wealth Management LLC boosted its holdings in iShares U.S. Infrastructure ETF by 7.9% in the 4th quarter. Mascoma Wealth Management LLC now owns 2,761 shares of the company’s stock valued at $145,000 after purchasing an additional 203 shares during the last quarter. Finally, PFG Advisors boosted its holdings in iShares U.S. Infrastructure ETF by 5.1% in the 3rd quarter. PFG Advisors now owns 4,341 shares of the company’s stock valued at $229,000 after purchasing an additional 209 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

iShares U.S. Infrastructure ETF stock opened at $62.12 on Tuesday. The firm has a 50 day simple moving average of $61.64 and a 200-day simple moving average of $58.79. The stock has a market cap of $3.34 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 $49.47 and a 1-year high of $64.25.

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.