Lane & Associates LLC Has $723,000 Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Lane & Associates LLC grew its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 20.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,402 shares of the company’s stock after buying an additional 2,616 shares during the period. Lane & Associates LLC’s holdings in iShares U.S. Infrastructure ETF were worth $723,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brookstone Capital Management boosted its stake in iShares U.S. Infrastructure ETF by 7.9% in the 2nd quarter. Brookstone Capital Management now owns 33,139 shares of the company’s stock worth $1,484,000 after purchasing an additional 2,425 shares during the period. Strategic Blueprint LLC boosted its stake in iShares U.S. Infrastructure ETF by 0.8% in the 2nd quarter. Strategic Blueprint LLC now owns 45,883 shares of the company’s stock worth $1,933,000 after purchasing an additional 378 shares during the period. Zions Bancorporation N.A. acquired a new position in iShares U.S. Infrastructure ETF in the 2nd quarter worth $33,000. Mather Group LLC. boosted its stake in iShares U.S. Infrastructure ETF by 52.0% in the 2nd quarter. Mather Group LLC. now owns 2,603 shares of the company’s stock worth $113,000 after purchasing an additional 891 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in iShares U.S. Infrastructure ETF by 19.2% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 6,804 shares of the company’s stock worth $287,000 after purchasing an additional 1,095 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS IFRA opened at $51.22 on Friday. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business has a fifty day moving average of $47.81 and a two-hundred day moving average of $45.22.

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.