West Wealth Group LLC Acquires 4,791 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

West Wealth Group LLC increased its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,813 shares of the company’s stock after acquiring an additional 4,791 shares during the quarter. iShares U.S. Infrastructure ETF accounts for approximately 1.1% of West Wealth Group LLC’s portfolio, making the stock its 16th largest position. West Wealth Group LLC’s holdings in iShares U.S. Infrastructure ETF were worth $3,326,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IFRA. Zions Bancorporation N.A. acquired a new stake in iShares U.S. Infrastructure ETF in the second quarter valued at approximately $33,000. ORG Partners LLC acquired a new stake in iShares U.S. Infrastructure ETF in the 2nd quarter valued at $36,000. Deane Retirement Strategies Inc. bought a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter valued at $52,000. LGT Financial Advisors LLC raised its holdings 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 worth $55,000 after buying an additional 349 shares during the last quarter. Finally, Gilliland Jeter Wealth Management LLC lifted its stake 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 valued at $70,000 after buying an additional 409 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS IFRA traded up $0.06 during mid-day trading on Friday, reaching $47.34. 120,746 shares of the company’s stock traded hands. The business has a fifty day moving average of $46.07 and a 200-day moving average of $44.26. The company has a market capitalization of $2.60 billion, a PE 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.