Kestra Advisory Services LLC Grows Holdings in iShares U.S. Infrastructure ETF $IFRA

Kestra Advisory Services LLC grew its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 31.0% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 70,302 shares of the company’s stock after buying an additional 16,652 shares during the period. Kestra Advisory Services LLC’s holdings in iShares U.S. Infrastructure ETF were worth $4,021,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IFRA. Bank of America Corp DE lifted its stake in shares of iShares U.S. Infrastructure ETF by 2.2% in the 3rd quarter. Bank of America Corp DE now owns 10,015,425 shares of the company’s stock worth $529,015,000 after acquiring an additional 217,548 shares during the period. LPL Financial LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 1,149,312 shares of the company’s stock worth $60,477,000 after acquiring an additional 85,038 shares in the last quarter. Mariner LLC grew its holdings in iShares U.S. Infrastructure ETF by 5.6% in the fourth quarter. Mariner LLC now owns 1,025,850 shares of the company’s stock valued at $53,980,000 after purchasing an additional 54,428 shares during the last quarter. Hsbc Holdings PLC grew its stake in iShares U.S. Infrastructure ETF by 7.9% in the 4th quarter. Hsbc Holdings PLC now owns 753,905 shares of the company’s stock valued at $39,670,000 after acquiring an additional 54,996 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of iShares U.S. Infrastructure ETF by 33.7% in the fourth quarter. Cetera Investment Advisers now owns 705,162 shares of the company’s stock valued at $37,106,000 after purchasing an additional 177,590 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 0.4%

Shares of BATS:IFRA opened at $61.85 on Friday. The company has a market capitalization of $3.33 billion, a P/E ratio of 19.30 and a beta of 0.98. The stock’s fifty day simple moving average is $61.63 and its 200-day simple moving average is $59.27. iShares U.S. Infrastructure ETF has a 52-week low of $49.49 and a 52-week high of $64.25.

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.