Gateway Wealth Partners LLC Grows Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Gateway Wealth Partners LLC increased its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,771 shares of the company’s stock after buying an additional 562 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SteelPeak Wealth LLC boosted its holdings in iShares U.S. Infrastructure ETF by 1.8% in the fourth quarter. SteelPeak Wealth LLC now owns 53,804 shares of the company’s stock worth $2,491,000 after purchasing an additional 943 shares during the period. Mayflower Financial Advisors LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 4.7% in the 4th quarter. Mayflower Financial Advisors LLC now owns 21,211 shares of the company’s stock valued at $982,000 after buying an additional 950 shares during the period. Spectrum Planning & Advisory Services Inc. grew its position in shares of iShares U.S. Infrastructure ETF by 1.5% during the 4th quarter. Spectrum Planning & Advisory Services Inc. now owns 15,409 shares of the company’s stock valued at $713,000 after buying an additional 234 shares during the last quarter. Perigon Wealth Management LLC raised its stake in iShares U.S. Infrastructure ETF by 43.8% during the fourth quarter. Perigon Wealth Management LLC now owns 44,635 shares of the company’s stock worth $2,153,000 after acquiring an additional 13,588 shares during the period. Finally, W Advisors LLC lifted 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 worth $327,000 after acquiring an additional 247 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

BATS:IFRA opened at $47.27 on Thursday. The company’s 50 day moving average is $48.22 and its 200 day moving average is $46.91. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.

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.