Millburn Ridgefield Corp Grows Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Millburn Ridgefield Corp increased its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 149.9% during the 4th quarter, Holdings Channel reports. The firm owned 10,425 shares of the company’s stock after purchasing an additional 6,253 shares during the quarter. Millburn Ridgefield Corp’s holdings in iShares U.S. Infrastructure ETF were worth $420,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Criterion Capital Advisors LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter valued at approximately $29,000. ORG Partners LLC raised its position in shares of iShares U.S. Infrastructure ETF by 1,742.6% in the fourth quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock valued at $45,000 after purchasing an additional 1,063 shares during the period. Financial Advocates Investment Management bought a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter valued at approximately $49,000. Aptus Capital Advisors LLC raised its position in shares of iShares U.S. Infrastructure ETF by 6,707.1% in the third quarter. Aptus Capital Advisors LLC now owns 1,906 shares of the company’s stock valued at $70,000 after purchasing an additional 1,878 shares during the period. Finally, Sound Income Strategies LLC raised its position in shares of iShares U.S. Infrastructure ETF by 410.0% in the fourth quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock valued at $82,000 after purchasing an additional 1,636 shares during the period.

iShares U.S. Infrastructure ETF Stock Up 0.6 %

Shares of BATS IFRA traded up $0.25 during midday trading on Friday, hitting $42.93. The company’s stock had a trading volume of 159,386 shares. The company’s 50 day simple moving average is $42.05 and its two-hundred day simple moving average is $39.60. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89.

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.