Twin Peaks Wealth Advisors LLC raised its stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 11.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 11,569 shares of the company’s stock after purchasing an additional 1,215 shares during the period. Twin Peaks Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $536,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of IFRA. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth about $27,000. Continuum Advisory LLC increased its position in shares of iShares U.S. Infrastructure ETF by 41.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after purchasing an additional 360 shares during the last quarter. Financial Advocates Investment Management bought a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth about $102,000. Golden State Wealth Management LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter valued at about $105,000. Finally, Cedar Wealth Management LLC grew its position in shares of iShares U.S. Infrastructure ETF by 8.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after buying an additional 200 shares during the last quarter.
iShares U.S. Infrastructure ETF Trading Down 0.4 %
Shares of BATS:IFRA opened at $46.57 on Tuesday. The firm’s fifty day simple moving average is $47.13 and its 200-day simple moving average is $47.27. The company has a market cap of $2.56 billion, a P/E ratio of 16.71 and a beta of 0.89.
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.
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