Stone House Investment Management LLC Raises Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Stone House Investment Management LLC grew its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 10.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 69,172 shares of the company’s stock after acquiring an additional 6,629 shares during the period. iShares U.S. Infrastructure ETF comprises about 0.7% of Stone House Investment Management LLC’s holdings, making the stock its 21st largest holding. Stone House Investment Management LLC owned about 0.13% of iShares U.S. Infrastructure ETF worth $3,249,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IFRA. Cedar Wealth Management LLC raised its stake in iShares U.S. Infrastructure ETF by 8.3% during the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after buying an additional 200 shares during the last quarter. One Wealth Advisors LLC increased its position in shares of iShares U.S. Infrastructure ETF by 0.5% during the third quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock valued at $2,118,000 after acquiring an additional 211 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in iShares U.S. Infrastructure ETF by 1.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock worth $669,000 after acquiring an additional 217 shares during the last quarter. Fullcircle Wealth LLC increased its holdings in iShares U.S. Infrastructure ETF by 3.4% in the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after buying an additional 225 shares in the last quarter. Finally, W Advisors LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 3.4% during the 2nd quarter. W Advisors LLC now owns 7,689 shares of the company’s stock valued at $324,000 after acquiring an additional 254 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA traded down $0.11 during mid-day trading on Wednesday, hitting $51.60. 264,549 shares of the company traded hands. The company has a market cap of $2.84 billion, a PE ratio of 16.71 and a beta of 0.89. The business has a 50-day moving average price of $48.03 and a 200-day moving average price of $45.34.

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.