Twin Peaks Wealth Advisors LLC Purchases 1,643 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Twin Peaks Wealth Advisors LLC increased its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 18.9% during the 3rd quarter, Holdings Channel reports. The firm owned 10,354 shares of the company’s stock after acquiring an additional 1,643 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $486,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Zions Bancorporation N.A. purchased a new stake in iShares U.S. Infrastructure ETF during the second quarter worth $33,000. ORG Partners LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at $36,000. Deane Retirement Strategies Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at $52,000. LGT Financial Advisors LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 36.6% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after purchasing an additional 349 shares during the last quarter. Finally, Gilliland Jeter Wealth Management LLC lifted its holdings in shares of 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 valued at $70,000 after purchasing an additional 409 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Down 1.1 %

IFRA stock traded down $0.53 during midday trading on Wednesday, reaching $47.06. The stock had a trading volume of 120,131 shares. The firm has a market cap of $2.59 billion, a PE ratio of 16.71 and a beta of 0.89. The firm has a 50-day simple moving average of $46.24 and a two-hundred day simple moving average of $44.37.

About iShares U.S. Infrastructure ETF

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.