Legacy Financial Group LLC Raises Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Legacy Financial Group LLC raised its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,793 shares of the company’s stock after buying an additional 985 shares during the quarter. Legacy Financial Group LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,587,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Zions Bancorporation N.A. purchased a new position in iShares U.S. Infrastructure ETF in the second quarter worth $33,000. ORG Partners LLC bought a new stake in iShares U.S. Infrastructure ETF in the 2nd quarter worth approximately $36,000. Deane Retirement Strategies Inc. purchased a new stake in iShares U.S. Infrastructure ETF in the second quarter worth approximately $52,000. LGT Financial Advisors LLC grew its position in 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 acquiring an additional 349 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the second quarter worth approximately $65,000.

iShares U.S. Infrastructure ETF Trading Up 0.0 %

BATS IFRA opened at $47.58 on Wednesday. The company’s 50-day simple moving average is $45.51 and its 200-day simple moving average is $44.04. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.

About iShares U.S. Infrastructure ETF

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.