Elios Financial Group Inc. Invests $520,000 in iShares U.S. Infrastructure ETF (BATS:IFRA)

Elios Financial Group Inc. bought a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,079 shares of the company’s stock, valued at approximately $520,000.

A number of other large investors have also added to or reduced their stakes in the business. Cedar Wealth Management LLC grew its position in shares of iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares during the last quarter. One Wealth Advisors LLC boosted its stake in iShares U.S. Infrastructure ETF by 0.5% in the 3rd quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock valued at $2,118,000 after purchasing an additional 211 shares during the period. Concurrent Investment Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 1.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after buying an additional 217 shares in the last quarter. Fullcircle Wealth LLC increased its position in iShares U.S. Infrastructure ETF by 3.4% during the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after buying an additional 225 shares during the period. Finally, W Advisors LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 3.4% during the second quarter. W Advisors LLC now owns 7,689 shares of the company’s stock worth $324,000 after buying an additional 254 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $51.71 on Tuesday. The firm has a market capitalization of $2.84 billion, a P/E ratio of 16.71 and a beta of 0.89. The company has a 50 day simple moving average of $47.81 and a 200-day simple moving average of $45.24.

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.