EverSource Wealth Advisors LLC Raises Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

EverSource Wealth Advisors LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,267 shares of the company’s stock after acquiring an additional 286 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Cedar Wealth Management LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares during the period. Gries Financial LLC increased its position in shares of iShares U.S. Infrastructure ETF by 0.5% during the fourth quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock worth $1,849,000 after acquiring an additional 207 shares during the last quarter. Spectrum Planning & Advisory Services Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 1.5% in the fourth quarter. Spectrum Planning & Advisory Services Inc. now owns 15,409 shares of the company’s stock worth $713,000 after acquiring an additional 234 shares in the last quarter. W Advisors LLC boosted its holdings in iShares U.S. Infrastructure ETF by 3.6% in the fourth quarter. W Advisors LLC now owns 7,066 shares of the company’s stock valued at $327,000 after purchasing an additional 247 shares during the last quarter. Finally, Tsfg LLC grew its stake in iShares U.S. Infrastructure ETF by 1.0% during the 4th quarter. Tsfg LLC now owns 27,573 shares of the company’s stock valued at $1,276,000 after purchasing an additional 267 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Down 1.3 %

IFRA stock opened at $46.18 on Tuesday. The company has a market capitalization of $2.37 billion, a PE ratio of 19.01 and a beta of 1.05. iShares U.S. Infrastructure ETF has a 52-week low of $40.93 and a 52-week high of $51.99. The stock’s 50 day moving average is $46.87 and its two-hundred day moving average is $47.40.

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.