iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Purchased by Regal Investment Advisors LLC

Regal Investment Advisors LLC boosted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.8% during the second quarter, Holdings Channel reports. The firm owned 17,574 shares of the company’s stock after buying an additional 473 shares during the quarter. Regal Investment Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $740,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Zions Bancorporation N.A. purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth about $33,000. ORG Partners LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter valued at about $36,000. Deane Retirement Strategies Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter valued at approximately $52,000. LGT Financial Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 36.6% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock worth $55,000 after purchasing an additional 349 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $65,000.

iShares U.S. Infrastructure ETF Stock Performance

IFRA stock opened at $46.97 on Wednesday. The company has a 50-day moving average of $45.08 and a 200 day moving average of $43.68. The stock has a market cap of $2.58 billion, a price-to-earnings ratio of 16.71 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.