Endeavor Private Wealth Inc. Invests $347,000 in iShares U.S. Infrastructure ETF (BATS:IFRA)

Endeavor Private Wealth Inc. acquired a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,487 shares of the company’s stock, valued at approximately $347,000.

Several other hedge funds have also added to or reduced their stakes in IFRA. Renaissance Technologies LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter worth about $977,000. Thrivent Financial for Lutherans increased its stake in iShares U.S. Infrastructure ETF by 0.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 148,909 shares of the company’s stock worth $6,272,000 after purchasing an additional 593 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in iShares U.S. Infrastructure ETF by 18.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,390 shares of the company’s stock worth $157,000 after buying an additional 521 shares during the period. Semmax Financial Advisors Inc. lifted its stake in 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 valued at $100,000 after buying an additional 344 shares in the last quarter. Finally, Ascent Group LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 23.0% in the second quarter. Ascent Group LLC now owns 32,440 shares of the company’s stock valued at $1,366,000 after buying an additional 6,062 shares during the period.

iShares U.S. Infrastructure ETF Trading Up 3.5 %

Shares of BATS:IFRA opened at $48.42 on Thursday. The firm has a market capitalization of $2.66 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s 50 day moving average is $48.40 and its two-hundred day moving average is $46.73.

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.