Sanctuary Advisors LLC Acquires 6,900 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Sanctuary Advisors LLC boosted its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 338,893 shares of the company’s stock after purchasing an additional 6,900 shares during the period. Sanctuary Advisors LLC owned about 0.62% of iShares U.S. Infrastructure ETF worth $16,233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IFRA. Wharton Business Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 37.5% in the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after acquiring an additional 409,880 shares in the last quarter. LPL Financial LLC grew its stake in iShares U.S. Infrastructure ETF by 11.8% in the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after purchasing an additional 227,962 shares in the last quarter. Scarborough Advisors LLC grew its stake in iShares U.S. Infrastructure ETF by 100.5% in the fourth quarter. Scarborough Advisors LLC now owns 109,457 shares of the company’s stock valued at $5,067,000 after purchasing an additional 54,853 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 198.3% during the 4th quarter. Merit Financial Group LLC now owns 75,659 shares of the company’s stock worth $3,502,000 after purchasing an additional 50,296 shares in the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at approximately $2,219,000.

iShares U.S. Infrastructure ETF Stock Up 1.6 %

BATS:IFRA opened at $47.54 on Tuesday. The company has a market capitalization of $2.61 billion, a PE ratio of 16.71 and a beta of 0.89. The firm has a fifty day moving average price of $47.31 and a two-hundred day moving average price of $47.15.

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.