Diversify Wealth Management LLC Buys Shares of 26,274 iShares U.S. Infrastructure ETF $IFRA

Diversify Wealth Management LLC bought a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 26,274 shares of the company’s stock, valued at approximately $1,588,000.

Several other institutional investors have also modified their holdings of IFRA. AQR Capital Management LLC raised its stake in iShares U.S. Infrastructure ETF by 76.3% during the first quarter. AQR Capital Management LLC now owns 10,566 shares of the company’s stock worth $476,000 after purchasing an additional 4,574 shares during the period. Focus Partners Wealth grew its stake in shares of iShares U.S. Infrastructure ETF by 107.3% in the 1st quarter. Focus Partners Wealth now owns 17,850 shares of the company’s stock valued at $805,000 after buying an additional 9,240 shares during the period. Russell Investments Group Ltd. grew its stake in shares of iShares U.S. Infrastructure ETF by 493.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 896 shares of the company’s stock valued at $44,000 after buying an additional 745 shares during the period. Qube Research & Technologies Ltd grew its stake in shares of iShares U.S. Infrastructure ETF by 129.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 22,336 shares of the company’s stock valued at $1,099,000 after buying an additional 12,620 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $384,000.

iShares U.S. Infrastructure ETF Stock Performance

IFRA stock opened at $62.02 on Wednesday. The firm has a market cap of $3.34 billion, a PE ratio of 19.30 and a beta of 0.98. The firm’s 50 day moving average price is $61.66 and its 200-day moving average price is $59.15. iShares U.S. Infrastructure ETF has a one year low of $49.47 and a one 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.