Client 1ST Advisory Group LLC Acquires New Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Client 1ST Advisory Group LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the fourth quarter, Holdings Channel.com reports. The firm bought 20,433 shares of the company’s stock, valued at approximately $946,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Infrastructure ETF during the third quarter valued at approximately $27,000. Continuum Advisory LLC raised its stake in iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock valued at $60,000 after acquiring an additional 360 shares in the last quarter. Gilliland Jeter Wealth Management LLC boosted its position in iShares U.S. Infrastructure ETF by 38.1% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after acquiring an additional 409 shares during the period. Financial Advocates Investment Management bought a new position in shares of iShares U.S. Infrastructure ETF in the third quarter worth $102,000. Finally, Semmax Financial Advisors Inc. increased its holdings in shares of iShares U.S. Infrastructure ETF by 17.7% during the second 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 period.

iShares U.S. Infrastructure ETF Trading Up 3.6 %

Shares of BATS IFRA opened at $48.44 on Monday. The company’s fifty day moving average is $48.48 and its 200-day moving average is $46.62. The company has a market capitalization of $2.66 billion, a PE 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.