Strategy Asset Managers LLC Takes Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Strategy Asset Managers LLC bought a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 3rd quarter, Holdings Channel reports. The firm bought 31,839 shares of the company’s stock, valued at approximately $1,495,000.

Other large investors have also bought and sold shares of the company. Wharton Business Group LLC raised its position in iShares U.S. Infrastructure ETF by 37.5% in the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after purchasing an additional 409,880 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of iShares U.S. Infrastructure ETF by 155.2% in the first quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock valued at $21,754,000 after buying an additional 305,141 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the second quarter valued at about $12,791,000. Kestra Investment Management LLC acquired a new position in iShares U.S. Infrastructure ETF during the 2nd quarter worth about $11,516,000. Finally, Envestnet Asset Management Inc. grew its holdings in iShares U.S. Infrastructure ETF by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock worth $291,197,000 after acquiring an additional 209,698 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS IFRA opened at $49.96 on Wednesday. The business has a fifty day moving average of $47.46 and a 200-day moving average of $45.09. The company has a market capitalization of $2.75 billion, a P/E 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.