Harbour Investments Inc. Increases Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Harbour Investments Inc. lifted its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 26,481 shares of the company’s stock after buying an additional 3,735 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $1,244,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Brookstone Capital Management boosted its stake in iShares U.S. Infrastructure ETF by 7.9% during the 2nd quarter. Brookstone Capital Management now owns 33,139 shares of the company’s stock valued at $1,484,000 after acquiring an additional 2,425 shares during the last quarter. Strategic Blueprint LLC grew its stake in iShares U.S. Infrastructure ETF by 0.8% in the second quarter. Strategic Blueprint LLC now owns 45,883 shares of the company’s stock worth $1,933,000 after purchasing an additional 378 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in iShares U.S. Infrastructure ETF in the second quarter valued at about $33,000. Mather Group LLC. increased its holdings in iShares U.S. Infrastructure ETF by 52.0% in the second quarter. Mather Group LLC. now owns 2,603 shares of the company’s stock valued at $113,000 after buying an additional 891 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in iShares U.S. Infrastructure ETF by 19.2% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 6,804 shares of the company’s stock valued at $287,000 after buying an additional 1,095 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA opened at $49.13 on Friday. The company has a market cap of $2.70 billion, a P/E ratio of 16.71 and a beta of 0.89. The stock’s 50 day moving average is $47.12 and its two-hundred day moving average is $44.91.

iShares U.S. Infrastructure ETF Company 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.