IFP Advisors Inc Buys 4,877 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

IFP Advisors Inc grew its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 18.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 31,767 shares of the company’s stock after acquiring an additional 4,877 shares during the period. IFP Advisors Inc owned 0.06% of iShares U.S. Infrastructure ETF worth $1,470,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of IFRA. Raymond James & Associates boosted its position in iShares U.S. Infrastructure ETF by 15.2% during the 3rd quarter. Raymond James & Associates now owns 80,442 shares of the company’s stock worth $3,778,000 after buying an additional 10,594 shares during the period. Private Advisor Group LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 34.5% during the third quarter. Private Advisor Group LLC now owns 48,454 shares of the company’s stock valued at $2,276,000 after acquiring an additional 12,428 shares during the last quarter. Pettinga Financial Advisors LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 0.4% during the third quarter. Pettinga Financial Advisors LLC now owns 94,103 shares of the company’s stock worth $4,420,000 after purchasing an additional 365 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of iShares U.S. Infrastructure ETF by 7.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,236 shares of the company’s stock worth $246,000 after purchasing an additional 374 shares during the last quarter. Finally, Pallas Capital Advisors LLC increased its holdings in iShares U.S. Infrastructure ETF by 88.1% in the third quarter. Pallas Capital Advisors LLC now owns 13,448 shares of the company’s stock valued at $637,000 after purchasing an additional 6,299 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS:IFRA opened at $46.93 on Thursday. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s 50-day moving average is $47.10 and its two-hundred day moving average is $47.29.

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.