Austin Private Wealth LLC Increases Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Austin Private Wealth LLC raised its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 10.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,605 shares of the company’s stock after purchasing an additional 10,381 shares during the period. Austin Private Wealth LLC owned approximately 0.19% of iShares U.S. Infrastructure ETF worth $5,007,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Zions Bancorporation N.A. bought a new position in shares of iShares U.S. Infrastructure ETF during the second quarter valued at about $33,000. ORG Partners LLC purchased a new position in iShares U.S. Infrastructure ETF in the 2nd quarter worth approximately $36,000. Deane Retirement Strategies Inc. bought a new stake in iShares U.S. Infrastructure ETF in the second quarter valued at approximately $52,000. LGT Financial Advisors LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 36.6% during the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after purchasing an additional 349 shares during the period. Finally, Gilliland Jeter Wealth Management LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 38.1% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after purchasing an additional 409 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.0 %

Shares of BATS IFRA traded up $0.01 during mid-day trading on Tuesday, hitting $46.69. The stock had a trading volume of 131,613 shares. The business’s 50-day moving average price is $46.39 and its 200 day moving average price is $44.53. The stock has a market capitalization of $2.57 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.