IFRA Stock Summary and Trading Ideas (iShares U.S. Infrastructure ETF | BATS:IFRA)

The iShares U.S. Infrastructure ETF seeks to track the investment results of an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities.

iShares U.S. Infrastructure ETF trades on the BATS stock market under the symbol IFRA.

As of May 10, 2024, IFRA stock price climbed to $44.25 with 276,250 million shares trading.

IFRA has a beta of 0.90, meaning it tends to be less sensitive to market movements. IFRA has a correlation of 0.53 to the broad based SPY ETF.

IFRA has a market cap of $2.43 billion. This is considered a Mid Cap stock.

In the last 3 years, IFRA stock traded as high as $44.44 and as low as $31.72.

IFRA stock has underperformed the market in the last year with a return of +20.8%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IFRA shares. However, IFRA has outperformed the market in the last 3 month and 2 week periods, returning +12.8% and +4.0%, while SPY returned +4.2% and +2.5%, respectively. This indicates IFRA has been having a stronger performance recently.

IFRA support price is $43.79 and resistance is $44.64 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IFRA stock will trade within this expected range on the day.