iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Purchased by Detalus Advisors LLC

Detalus Advisors LLC grew its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.0% during the third quarter, Holdings Channel reports. The institutional investor owned 43,494 shares of the company’s stock after acquiring an additional 852 shares during the period. iShares U.S. Infrastructure ETF makes up about 0.7% of Detalus Advisors LLC’s holdings, making the stock its 26th largest position. Detalus Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $2,043,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Cetera Investment Advisers raised its holdings in 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 purchasing an additional 305,141 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at $12,791,000. Kestra Investment Management LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth $11,516,000. Envestnet Asset Management Inc. lifted 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 buying an additional 209,698 shares during the period. Finally, AlphaQ Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the first quarter valued at $4,188,000.

iShares U.S. Infrastructure ETF Stock Down 0.7 %

BATS:IFRA traded down $0.33 during mid-day trading on Wednesday, reaching $47.44. 127,169 shares of the stock were exchanged. The business’s fifty day moving average price is $45.94 and its two-hundred day moving average price is $44.21. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.

About iShares U.S. Infrastructure ETF

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.