Latitude Advisors LLC Purchases Shares of 4,371 iShares U.S. Infrastructure ETF (BATS:IFRA)

Latitude Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,371 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at about $27,000. Continuum Advisory LLC lifted its stake in iShares U.S. Infrastructure ETF by 41.8% in the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock valued at $60,000 after buying an additional 360 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 38.1% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock valued at $70,000 after acquiring an additional 409 shares during the period. Financial Advocates Investment Management purchased a new position in shares of iShares U.S. Infrastructure ETF during the third quarter worth approximately $102,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at $105,000.

iShares U.S. Infrastructure ETF Stock Performance

IFRA stock opened at $47.86 on Wednesday. The stock has a market cap of $2.63 billion, a P/E ratio of 16.71 and a beta of 0.89. The firm has a 50 day simple moving average of $47.54 and a two-hundred day simple moving average of $47.10.

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.