Vertex Planning Partners LLC increased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 11.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,343 shares of the company’s stock after acquiring an additional 882 shares during the quarter. Vertex Planning Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $392,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Zions Bancorporation N.A. bought a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at about $33,000. ORG Partners LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter worth about $36,000. Deane Retirement Strategies Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter worth about $52,000. LGT Financial Advisors LLC boosted its stake in iShares U.S. Infrastructure ETF by 36.6% during the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after buying an additional 349 shares during the last quarter. Finally, Gilliland Jeter Wealth Management LLC grew its holdings 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 valued at $70,000 after buying an additional 409 shares in the last quarter.
iShares U.S. Infrastructure ETF Stock Up 0.9 %
Shares of IFRA opened at $49.75 on Tuesday. The stock has a market cap of $2.73 billion, a PE ratio of 16.71 and a beta of 0.89. The business’s 50-day moving average price is $47.35 and its 200 day moving average price is $45.04.
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.
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