8,195 Shares in iShares U.S. Infrastructure ETF (BATS:IFRA) Bought by IFG Advisory LLC

IFG Advisory LLC bought a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 8,195 shares of the company’s stock, valued at approximately $345,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at about $1,708,000. Truist Financial Corp increased its position in shares of iShares U.S. Infrastructure ETF by 7.7% during the 4th quarter. Truist Financial Corp now owns 63,791 shares of the company’s stock worth $2,569,000 after purchasing an additional 4,586 shares during the last quarter. Brio Consultants LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 1.7% during the 4th quarter. Brio Consultants LLC now owns 169,138 shares of the company’s stock worth $6,811,000 after purchasing an additional 2,899 shares in the last quarter. Avidian Wealth Solutions LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 8.0% during the 4th quarter. Avidian Wealth Solutions LLC now owns 14,189 shares of the company’s stock worth $571,000 after purchasing an additional 1,056 shares in the last quarter. Finally, Spire Wealth Management boosted its holdings in shares of iShares U.S. Infrastructure ETF by 5.8% in the 4th quarter. Spire Wealth Management now owns 19,155 shares of the company’s stock valued at $733,000 after buying an additional 1,056 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 0.8 %

BATS:IFRA opened at $45.63 on Monday. The firm has a fifty day moving average price of $43.92 and a two-hundred day moving average price of $42.97. The company has a market capitalization of $2.51 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.