Duncan Williams Asset Management LLC Purchases Shares of 14,093 iShares U.S. Infrastructure ETF $IFRA

Duncan Williams Asset Management LLC bought a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 14,093 shares of the company’s stock, valued at approximately $693,000.

Several other hedge funds have also added to or reduced their stakes in IFRA. Kickstand Ventures LLC. increased its position in iShares U.S. Infrastructure ETF by 8.8% during the 2nd quarter. Kickstand Ventures LLC. now owns 14,093 shares of the company’s stock worth $693,000 after buying an additional 1,142 shares during the period. Wealthcare Capital Partners LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 15.4% in the second quarter. Wealthcare Capital Partners LLC now owns 21,601 shares of the company’s stock valued at $1,063,000 after acquiring an additional 2,880 shares in the last quarter. Client 1ST Advisory Group LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 5.7% in the second quarter. Client 1ST Advisory Group LLC now owns 26,607 shares of the company’s stock valued at $1,309,000 after acquiring an additional 1,442 shares in the last quarter. Marino Stram & Associates LLC increased its position in iShares U.S. Infrastructure ETF by 18.9% during the second quarter. Marino Stram & Associates LLC now owns 8,264 shares of the company’s stock worth $407,000 after acquiring an additional 1,316 shares during the period. Finally, Fifth Third Securities Inc. increased its position in iShares U.S. Infrastructure ETF by 4.6% during the second quarter. Fifth Third Securities Inc. now owns 63,251 shares of the company’s stock worth $3,111,000 after acquiring an additional 2,774 shares during the period.

iShares U.S. Infrastructure ETF Stock Up 13.2%

BATS IFRA opened at $52.96 on Monday. The company has a market capitalization of $2.85 billion, a P/E ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 12-month low of $39.94 and a 12-month high of $51.99. The firm has a 50-day moving average price of $51.68 and a two-hundred day moving average price of $48.71.

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.