Wedmont Private Capital Purchases New Shares in iShares U.S. Infrastructure ETF (BATS:IFRA)

Wedmont Private Capital acquired a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,997 shares of the company’s stock, valued at approximately $234,000.

A number of other institutional investors also recently bought and sold shares of the business. Cetera Investment Advisers grew its holdings in shares of iShares U.S. Infrastructure ETF by 155.2% during the first quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock worth $21,754,000 after buying an additional 305,141 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $12,791,000. Kestra Investment Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at approximately $11,516,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock valued at $291,197,000 after purchasing an additional 209,698 shares during the period. Finally, AlphaQ Advisors LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the first quarter worth approximately $4,188,000.

iShares U.S. Infrastructure ETF Trading Up 1.2 %

BATS:IFRA opened at $47.21 on Monday. The stock has a market cap of $2.59 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The firm has a fifty day moving average price of $45.35 and a two-hundred day moving average price of $43.98.

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.