Nwam LLC Buys Shares of 4,518 iShares U.S. Infrastructure ETF (BATS:IFRA)

Nwam LLC acquired a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the fourth quarter, Holdings Channel reports. The firm acquired 4,518 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors also recently added to or reduced their stakes in IFRA. Wilmington Savings Fund Society FSB purchased a new position in iShares U.S. Infrastructure ETF in the third quarter worth $27,000. Continuum Advisory LLC increased its position 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 valued at $60,000 after buying an additional 360 shares in the last quarter. Financial Advocates Investment Management purchased a new stake in iShares U.S. Infrastructure ETF in the third quarter valued at about $102,000. Golden State Wealth Management LLC acquired a new stake in iShares U.S. Infrastructure ETF in the fourth quarter worth about $105,000. Finally, Cedar Wealth Management LLC increased its holdings 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 in the last quarter.

iShares U.S. Infrastructure ETF Stock Down 0.3 %

IFRA stock opened at $46.61 on Friday. The firm has a market cap of $2.56 billion, a PE ratio of 16.71 and a beta of 0.89. The stock has a 50 day moving average of $47.11 and a 200 day moving average of $47.33.

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.