Panoramic Investment Advisors LLC Grows Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Panoramic Investment Advisors LLC grew its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 27.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,279 shares of the company’s stock after purchasing an additional 3,065 shares during the period. Panoramic Investment Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $661,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wharton Business Group LLC boosted its holdings in iShares U.S. Infrastructure ETF by 37.5% during the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after buying an additional 409,880 shares in the last quarter. LPL Financial LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 11.8% during the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after acquiring an additional 227,962 shares in the last quarter. Merit Financial Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 198.3% in the 4th quarter. Merit Financial Group LLC now owns 75,659 shares of the company’s stock worth $3,502,000 after acquiring an additional 50,296 shares during the period. Atomi Financial Group Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF by 46.1% in the 4th quarter. Atomi Financial Group Inc. now owns 135,903 shares of the company’s stock worth $6,291,000 after acquiring an additional 42,854 shares during the period. Finally, Centaurus Financial Inc. increased its stake in iShares U.S. Infrastructure ETF by 1,414.9% in the 3rd quarter. Centaurus Financial Inc. now owns 43,372 shares of the company’s stock valued at $2,037,000 after purchasing an additional 40,509 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

IFRA opened at $47.43 on Monday. The stock has a market capitalization of $2.61 billion, a P/E ratio of 16.71 and a beta of 0.89. The business’s 50 day moving average price is $48.08 and its two-hundred day moving average price is $46.98.

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.