B. Riley Wealth Advisors Inc. Buys 12,381 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

B. Riley Wealth Advisors Inc. raised its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 29.6% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,265 shares of the company’s stock after acquiring an additional 12,381 shares during the period. B. Riley Wealth Advisors Inc. owned approximately 0.10% of iShares U.S. Infrastructure ETF worth $2,353,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. CWM LLC grew its holdings in iShares U.S. Infrastructure ETF by 2.9% during the 4th quarter. CWM LLC now owns 887,402 shares of the company’s stock worth $35,736,000 after acquiring an additional 25,254 shares in the last quarter. Lincoln National Corp raised its holdings in shares of iShares U.S. Infrastructure ETF by 44.2% in the fourth quarter. Lincoln National Corp now owns 13,460 shares of the company’s stock worth $542,000 after buying an additional 4,128 shares during the last quarter. TSA Wealth Managment LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the fourth quarter worth about $1,597,000. Diversify Advisory Services LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 1st quarter worth about $1,355,000. Finally, Orion Portfolio Solutions LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 36.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 55,183 shares of the company’s stock valued at $2,199,000 after purchasing an additional 14,695 shares during the period.

iShares U.S. Infrastructure ETF Trading Up 0.9 %

Shares of IFRA traded up $0.39 during mid-day trading on Wednesday, hitting $46.18. 482,814 shares of the company were exchanged. The stock has a market cap of $2.54 billion, a PE ratio of 16.71 and a beta of 0.89. The firm’s fifty day simple moving average is $43.27 and its 200 day simple moving average is $42.05.

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.