31,839 Shares in iShares U.S. Infrastructure ETF (BATS:IFRA) Purchased by Strategy Asset Managers LLC

Strategy Asset Managers LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 31,839 shares of the company’s stock, valued at approximately $1,495,000. Strategy Asset Managers LLC owned approximately 0.06% of iShares U.S. Infrastructure ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wharton Business Group LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 37.5% during the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after acquiring an additional 409,880 shares during the period. Cetera Investment Advisers raised its stake in iShares U.S. Infrastructure ETF by 155.2% during the 1st quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock valued at $21,754,000 after purchasing an additional 305,141 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter valued at $12,791,000. Kestra Investment Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter worth $11,516,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of 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 buying an additional 209,698 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Up 0.4 %

BATS:IFRA opened at $49.96 on Wednesday. The company’s fifty day simple moving average is $47.46 and its two-hundred day simple moving average is $45.09. The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.

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.