1,000 Shares in iShares U.S. Infrastructure ETF (BATS:IFRA) Acquired by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC purchased a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,000 shares of the company’s stock, valued at approximately $46,000.

A number of other large investors have also added to or reduced their stakes in IFRA. Pettinga Financial Advisors LLC grew its position in iShares U.S. Infrastructure ETF by 0.4% during the third quarter. Pettinga Financial Advisors LLC now owns 94,103 shares of the company’s stock worth $4,420,000 after buying an additional 365 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of iShares U.S. Infrastructure ETF by 31.2% in the 3rd quarter. Principal Financial Group Inc. now owns 120,375 shares of the company’s stock valued at $5,654,000 after purchasing an additional 28,600 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of iShares U.S. Infrastructure ETF by 22.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 181,882 shares of the company’s stock valued at $8,543,000 after purchasing an additional 32,973 shares in the last quarter. Theory Financial LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 9.6% in the 3rd quarter. Theory Financial LLC now owns 8,400 shares of the company’s stock valued at $394,000 after purchasing an additional 737 shares in the last quarter. Finally, Wharton Business Group LLC boosted 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 purchasing an additional 409,880 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA stock opened at $46.18 on Tuesday. The stock’s fifty day moving average price is $46.87 and its two-hundred day moving average price is $47.40. The company has a market cap of $2.37 billion, a PE ratio of 19.01 and a beta of 1.05. iShares U.S. Infrastructure ETF has a fifty-two week low of $40.93 and a fifty-two week high of $51.99.

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.