Vantage Point Financial LLC Acquires New Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Vantage Point Financial LLC bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, HoldingsChannel reports. The firm bought 6,600 shares of the company’s stock, valued at approximately $306,000.

Other hedge funds also recently made changes to their positions in the company. One Wealth Advisors LLC lifted its stake in iShares U.S. Infrastructure ETF by 1.4% during the fourth quarter. One Wealth Advisors LLC now owns 45,710 shares of the company’s stock worth $2,116,000 after purchasing an additional 621 shares during the last quarter. Panoramic Investment Advisors LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 27.3% in the 4th quarter. Panoramic Investment Advisors LLC now owns 14,279 shares of the company’s stock valued at $661,000 after buying an additional 3,065 shares during the period. KPP Advisory Services LLC grew its position in shares of iShares U.S. Infrastructure ETF by 1.7% during the 4th quarter. KPP Advisory Services LLC now owns 16,965 shares of the company’s stock valued at $785,000 after buying an additional 285 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in iShares U.S. Infrastructure ETF by 1.3% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 49,939 shares of the company’s stock worth $2,312,000 after acquiring an additional 642 shares during the last quarter. Finally, Spire Wealth Management lifted its holdings in iShares U.S. Infrastructure ETF by 32.4% in the fourth quarter. Spire Wealth Management now owns 6,613 shares of the company’s stock worth $306,000 after acquiring an additional 1,618 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of iShares U.S. Infrastructure ETF stock opened at $47.10 on Tuesday. The firm has a market cap of $2.59 billion, a PE ratio of 16.71 and a beta of 0.89. The business’s fifty day moving average is $47.99 and its 200 day moving average is $46.99.

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.