Mainstream Capital Management LLC Buys Shares of 7,709 iShares U.S. Infrastructure ETF (BATS:IFRA)

Mainstream Capital Management LLC purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,709 shares of the company’s stock, valued at approximately $362,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. One Wealth Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 0.5% in the third quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock valued at $2,118,000 after buying an additional 211 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 1.5% in the third quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after buying an additional 217 shares during the period. Fullcircle Wealth LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 3.4% in the third quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock valued at $330,000 after buying an additional 225 shares during the period. W Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 3.4% in the second quarter. W Advisors LLC now owns 7,689 shares of the company’s stock valued at $324,000 after buying an additional 254 shares during the period. Finally, Front Row Advisors LLC grew its stake in iShares U.S. Infrastructure ETF by 9.2% during the second quarter. Front Row Advisors LLC now owns 3,186 shares of the company’s stock worth $134,000 after purchasing an additional 269 shares during the period.

iShares U.S. Infrastructure ETF Stock Down 0.3 %

BATS IFRA opened at $49.77 on Friday. The business’s 50 day simple moving average is $46.63 and its 200 day simple moving average is $44.64. The firm has a market capitalization of $2.73 billion, a PE ratio of 16.71 and a beta of 0.89.

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.