Scissortail Wealth Management LLC Acquires 2,612 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Posted by Erica Schwartz on Apr 16th, 2024

Scissortail Wealth Management LLC lifted its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 12.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 22,963 shares of the company’s stock after acquiring an additional 2,612 shares during the quarter. Scissortail Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $902,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IFRA. BNP Paribas Arbitrage SA bought a new stake in iShares U.S. Infrastructure ETF during the 1st quarter valued at $28,000. ORG Partners LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 1,742.6% in the 4th quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock worth $45,000 after purchasing an additional 1,063 shares during the period. FMR LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 544.3% in the 1st quarter. FMR LLC now owns 1,237 shares of the company’s stock worth $46,000 after purchasing an additional 1,045 shares during the period. Financial Advocates Investment Management purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth about $49,000. Finally, ICA Group Wealth Management LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $54,000.

iShares U.S. Infrastructure ETF Stock Down 1.0 %

Shares of BATS:IFRA traded down $0.41 on Tuesday, hitting $41.23. The company had a trading volume of 173,583 shares. The stock’s 50-day moving average is $41.39 and its 200-day moving average is $39.06. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 15.08 and a beta of 1.03.

iShares U.S. Infrastructure ETF Company Profile

(Free Report)

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.