Retirement Wealth Solutions LLC Invests $173,000 in iShares U.S. Infrastructure ETF (BATS:IFRA)

Retirement Wealth Solutions LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,814 shares of the company’s stock, valued at approximately $173,000.

A number of other hedge funds also recently made changes to their positions in IFRA. Wilmington Savings Fund Society FSB purchased a new stake in iShares U.S. Infrastructure ETF in the third quarter worth approximately $27,000. Continuum Advisory LLC lifted its holdings 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 acquiring an additional 360 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 38.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock valued at $70,000 after purchasing an additional 409 shares in the last quarter. Semmax Financial Advisors Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF by 17.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 2,289 shares of the company’s stock valued at $100,000 after purchasing an additional 344 shares during the last quarter. Finally, Financial Advocates Investment Management purchased a new position in iShares U.S. Infrastructure ETF in the 3rd quarter worth $102,000.

iShares U.S. Infrastructure ETF Price Performance

iShares U.S. Infrastructure ETF stock opened at $48.44 on Friday. The stock has a fifty day simple moving average of $48.48 and a two-hundred day simple moving average of $46.55. The company has a market capitalization of $2.66 billion, a P/E ratio of 16.71 and a beta of 0.89.

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.