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

Twin Peaks Wealth Advisors LLC increased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 18.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,354 shares of the company’s stock after purchasing an additional 1,643 shares during the period. Twin Peaks Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $486,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in iShares U.S. Infrastructure ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock valued at $291,197,000 after acquiring an additional 209,698 shares during the period. LPL Financial LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 2.8% during the second quarter. LPL Financial LLC now owns 1,938,821 shares of the company’s stock worth $81,663,000 after purchasing an additional 52,669 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 2.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 992,639 shares of the company’s stock worth $41,810,000 after acquiring an additional 28,235 shares in the last quarter. CWM LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 1.5% in the third quarter. CWM LLC now owns 880,524 shares of the company’s stock worth $41,358,000 after acquiring an additional 13,426 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 0.4% in the second quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock worth $29,511,000 after acquiring an additional 2,848 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

iShares U.S. Infrastructure ETF stock traded down $0.53 during midday trading on Wednesday, hitting $47.06. The stock had a trading volume of 120,131 shares. The company has a market capitalization of $2.59 billion, a PE ratio of 16.71 and a beta of 0.89. The business’s 50 day moving average is $46.24 and its two-hundred day moving average is $44.37.

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.