SWP Financial LLC Makes New Investment in iShares U.S. Infrastructure ETF (BATS:IFRA)

SWP Financial LLC acquired a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,570 shares of the company’s stock, valued at approximately $1,091,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cedar Wealth Management LLC increased its position in shares of iShares U.S. Infrastructure ETF by 8.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares during the last quarter. One Wealth Advisors LLC increased its holdings in 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 last quarter. Concurrent Investment Advisors LLC raised its stake in 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 in the last quarter. Fullcircle Wealth LLC lifted its holdings in iShares U.S. Infrastructure ETF by 3.4% during the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after buying an additional 225 shares during the last quarter. Finally, Tsfg LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 1.0% during the 4th quarter. Tsfg LLC now owns 27,573 shares of the company’s stock worth $1,276,000 after acquiring an additional 267 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Up 3.5 %

Shares of BATS IFRA opened at $48.43 on Monday. The stock’s fifty day simple moving average is $48.37 and its 200-day simple moving average is $46.86. The firm has a market cap of $2.66 billion, a price-to-earnings 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.