Envestnet Portfolio Solutions Inc. Buys 24,660 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Envestnet Portfolio Solutions Inc. lifted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,061,486 shares of the company’s stock after buying an additional 24,660 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 1.93% of iShares U.S. Infrastructure ETF worth $49,136,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Cedar Wealth Management LLC grew its position in shares of iShares U.S. Infrastructure ETF by 8.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after acquiring an additional 200 shares during the period. Gries Financial LLC lifted its stake in iShares U.S. Infrastructure ETF by 0.5% in the 4th quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock valued at $1,849,000 after purchasing an additional 207 shares during the last quarter. Spectrum Planning & Advisory Services Inc. grew its holdings in iShares U.S. Infrastructure ETF by 1.5% during the fourth quarter. Spectrum Planning & Advisory Services Inc. now owns 15,409 shares of the company’s stock worth $713,000 after purchasing an additional 234 shares during the period. W Advisors LLC increased its position in iShares U.S. Infrastructure ETF by 3.6% during the fourth quarter. W Advisors LLC now owns 7,066 shares of the company’s stock worth $327,000 after buying an additional 247 shares during the last quarter. Finally, Tsfg LLC raised its stake in iShares U.S. Infrastructure ETF by 1.0% in the fourth quarter. Tsfg LLC now owns 27,573 shares of the company’s stock valued at $1,276,000 after buying an additional 267 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA opened at $45.92 on Friday. The company has a market cap of $2.36 billion, a P/E ratio of 19.01 and a beta of 1.05. The business’s 50 day simple moving average is $46.88 and its 200 day simple moving average is $47.38.

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.