Wealthgarden F.S. LLC Makes New Investment in iShares U.S. Infrastructure ETF (BATS:IFRA)

Wealthgarden F.S. LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,356 shares of the company’s stock, valued at approximately $294,000.

Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in iShares U.S. Infrastructure ETF in the 3rd quarter worth $27,000. Continuum Advisory LLC boosted its stake in iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after purchasing an additional 360 shares during the last quarter. Financial Advocates Investment Management acquired a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter valued at about $102,000. Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at about $105,000. Finally, Cedar Wealth Management LLC increased its position in shares of iShares U.S. Infrastructure ETF by 8.3% during the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after acquiring an additional 200 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA opened at $46.74 on Friday. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s 50-day simple moving average is $47.17 and its 200-day simple moving average is $47.23.

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.