Proactive Wealth Strategies LLC Makes New $287,000 Investment in iShares U.S. Infrastructure ETF (BATS:IFRA)

Proactive Wealth Strategies LLC purchased a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the third quarter, HoldingsChannel reports. The fund purchased 6,104 shares of the company’s stock, valued at approximately $287,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IFRA. Blair William & Co. IL raised its stake in shares of iShares U.S. Infrastructure ETF by 27.2% during the 1st quarter. Blair William & Co. IL now owns 5,774 shares of the company’s stock valued at $250,000 after buying an additional 1,233 shares during the last quarter. Wintrust Investments LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 4.2% during the 1st quarter. Wintrust Investments LLC now owns 98,529 shares of the company’s stock valued at $4,272,000 after buying an additional 4,015 shares during the last quarter. Cedar Wealth Management LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 1,075.0% in the 1st quarter. Cedar Wealth Management LLC now owns 2,350 shares of the company’s stock valued at $102,000 after purchasing an additional 2,150 shares in the last quarter. CreativeOne Wealth LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 41.5% in the 1st quarter. CreativeOne Wealth LLC now owns 69,001 shares of the company’s stock valued at $2,992,000 after purchasing an additional 20,244 shares in the last quarter. Finally, Ascent Group LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 6.7% in the 1st quarter. Ascent Group LLC now owns 26,378 shares of the company’s stock valued at $1,144,000 after purchasing an additional 1,666 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.9 %

IFRA stock opened at $50.54 on Tuesday. The firm has a market cap of $2.78 billion, a PE ratio of 16.71 and a beta of 0.89. The business has a 50-day moving average price of $46.82 and a 200-day moving average price of $44.79.

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.