iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 26.0% in the 4th quarter, HoldingsChannel reports. The firm owned 14,686 shares of the company’s stock after purchasing an additional 3,031 shares during the quarter. Mutual Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $708,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cedar Wealth Management LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares during the period. One Wealth Advisors LLC lifted its stake in iShares U.S. Infrastructure ETF by 0.5% in the third quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock worth $2,118,000 after acquiring an additional 211 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in iShares U.S. Infrastructure ETF by 1.5% in the third 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 lifted its stake in iShares U.S. Infrastructure ETF by 3.4% in the third quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after acquiring an additional 225 shares during the last quarter. Finally, Tsfg LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 1.0% during the 4th quarter. Tsfg LLC now owns 27,573 shares of the company’s stock worth $1,276,000 after buying an additional 267 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 3.5 %

Shares of BATS:IFRA opened at $48.43 on Monday. The stock has a market cap of $2.66 billion, a P/E ratio of 16.71 and a beta of 0.89. The business’s fifty day moving average is $48.37 and its 200 day moving average is $46.86.

iShares U.S. Infrastructure ETF Company 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.