Client 1ST Advisory Group LLC Acquires Shares of 20,433 iShares U.S. Infrastructure ETF (BATS:IFRA)

Client 1ST Advisory Group LLC bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,433 shares of the company’s stock, valued at approximately $946,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in iShares U.S. Infrastructure ETF in the 3rd quarter worth $27,000. Continuum Advisory LLC increased its position in shares of iShares U.S. Infrastructure ETF by 41.8% during the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares during the last quarter. Gilliland Jeter Wealth Management LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 38.1% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after acquiring an additional 409 shares in the last quarter. Semmax Financial Advisors Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 17.7% in the second quarter. Semmax Financial Advisors Inc. now owns 2,289 shares of the company’s stock worth $100,000 after acquiring an additional 344 shares in the last quarter. Finally, Financial Advocates Investment Management purchased a new position in iShares U.S. Infrastructure ETF in the third quarter valued at about $102,000.

iShares U.S. Infrastructure ETF Trading Up 3.6 %

Shares of BATS IFRA opened at $48.44 on Monday. The company’s fifty day simple moving average is $48.48 and its 200 day simple moving average is $46.62. The firm has a market cap of $2.66 billion, a price-to-earnings 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.