B. Riley Wealth Advisors Inc. Has $2.13 Million Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

B. Riley Wealth Advisors Inc. lessened its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 6.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,560 shares of the company’s stock after selling 3,705 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $2,130,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IFRA. Gateway Wealth Partners LLC increased its holdings in iShares U.S. Infrastructure ETF by 8.6% during the 2nd quarter. Gateway Wealth Partners LLC now owns 7,625 shares of the company’s stock worth $321,000 after purchasing an additional 604 shares in the last quarter. Regal Investment Advisors LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 2.8% during the second quarter. Regal Investment Advisors LLC now owns 17,574 shares of the company’s stock valued at $740,000 after buying an additional 473 shares during the last quarter. Invst LLC grew its holdings in iShares U.S. Infrastructure ETF by 17.9% during the second quarter. Invst LLC now owns 76,024 shares of the company’s stock worth $3,159,000 after buying an additional 11,536 shares in the last quarter. Sunbelt Securities Inc. raised its position in iShares U.S. Infrastructure ETF by 13.2% in the 2nd quarter. Sunbelt Securities Inc. now owns 13,111 shares of the company’s stock valued at $552,000 after buying an additional 1,531 shares during the last quarter. Finally, Front Row Advisors LLC lifted its stake in iShares U.S. Infrastructure ETF by 9.2% during the 2nd quarter. Front Row Advisors LLC now owns 3,186 shares of the company’s stock valued at $134,000 after acquiring an additional 269 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA opened at $46.97 on Wednesday. The stock has a market cap of $2.58 billion, a P/E ratio of 16.71 and a beta of 0.89. The business’s 50-day moving average price is $45.08 and its two-hundred day moving average price is $43.68.

iShares U.S. Infrastructure ETF Company 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.