Wealth Alliance Purchases 477 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Wealth Alliance lifted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,258 shares of the company’s stock after acquiring an additional 477 shares during the period. Wealth Alliance owned approximately 0.07% of iShares U.S. Infrastructure ETF worth $1,569,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brookstone Capital Management grew its position 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. TSA Wealth Managment LLC bought a new stake in iShares U.S. Infrastructure ETF in the 4th quarter worth approximately $1,597,000. Diversify Advisory Services LLC bought a new stake in iShares U.S. Infrastructure ETF in the 1st quarter worth approximately $1,355,000. Strategic Blueprint LLC grew its position 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. Finally, Orion Portfolio Solutions LLC grew its position in iShares U.S. Infrastructure ETF by 36.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 55,183 shares of the company’s stock worth $2,199,000 after purchasing an additional 14,695 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

BATS:IFRA opened at $46.33 on Wednesday. The company has a market cap of $2.55 billion, a P/E ratio of 16.71 and a beta of 0.89. The stock has a 50 day moving average of $44.52 and a 200 day moving average of $43.32.

iShares U.S. Infrastructure ETF Company 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.