Latitude Advisors LLC Invests $202,000 in iShares U.S. Infrastructure ETF (BATS:IFRA)

Latitude Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, HoldingsChannel reports. The fund acquired 4,371 shares of the company’s stock, valued at approximately $202,000.

Several other institutional investors also recently bought and sold shares of the company. Cedar Wealth Management LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 8.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after buying an additional 200 shares in the last quarter. Gries Financial LLC grew its holdings in iShares U.S. Infrastructure ETF by 0.5% during the fourth quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock worth $1,849,000 after acquiring an additional 207 shares during the period. One Wealth Advisors LLC raised its position in iShares U.S. Infrastructure ETF by 0.5% in the third quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock worth $2,118,000 after acquiring an additional 211 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in iShares U.S. Infrastructure ETF by 1.5% in the third quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after acquiring an additional 217 shares during the period. Finally, Fullcircle Wealth LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 3.4% during the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after purchasing an additional 225 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

BATS:IFRA opened at $47.86 on Wednesday. The stock’s fifty day moving average is $47.54 and its two-hundred day moving average is $47.10. The firm has a market cap of $2.63 billion, a PE 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.