iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 155.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 501,707 shares of the company’s stock after purchasing an additional 305,141 shares during the quarter. Cetera Investment Advisers owned approximately 0.91% of iShares U.S. Infrastructure ETF worth $21,754,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in IFRA. Semmax Financial Advisors Inc. increased its position in shares of iShares U.S. Infrastructure ETF by 21.4% in the first quarter. Semmax Financial Advisors Inc. now owns 1,945 shares of the company’s stock valued at $86,000 after buying an additional 343 shares in the last quarter. Redwood Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the first quarter valued at $228,000. B. Riley Wealth Advisors Inc. grew its position in shares of iShares U.S. Infrastructure ETF by 29.6% in the first quarter. B. Riley Wealth Advisors Inc. now owns 54,265 shares of the company’s stock valued at $2,353,000 after purchasing an additional 12,381 shares during the period. Icon Wealth Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 3.4% during the first quarter. Icon Wealth Advisors LLC now owns 69,522 shares of the company’s stock worth $3,014,000 after purchasing an additional 2,311 shares in the last quarter. Finally, Ascent Group LLC raised its position in shares of iShares U.S. Infrastructure ETF by 6.7% during the 1st quarter. Ascent Group LLC now owns 26,378 shares of the company’s stock worth $1,144,000 after purchasing an additional 1,666 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Down 2.4 %

Shares of iShares U.S. Infrastructure ETF stock traded down $1.11 during mid-day trading on Friday, reaching $44.57. 185,710 shares of the stock traded hands. The company has a fifty day moving average price of $43.36 and a 200-day moving average price of $42.14. The stock has a market capitalization of $2.45 billion, a PE ratio of 16.71 and a beta of 0.89.

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.