Theory Financial LLC Buys 447 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Theory Financial LLC increased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,847 shares of the company’s stock after acquiring an additional 447 shares during the quarter. Theory Financial LLC’s holdings in iShares U.S. Infrastructure ETF were worth $410,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Lane & Associates LLC increased its holdings in iShares U.S. Infrastructure ETF by 34.2% in the 4th quarter. Lane & Associates LLC now owns 20,669 shares of the company’s stock valued at $980,000 after buying an additional 5,267 shares during the period. Concurrent Investment Advisors LLC lifted its position in iShares U.S. Infrastructure ETF by 94.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 27,665 shares of the company’s stock worth $1,281,000 after buying an additional 13,421 shares in the last quarter. Private Advisor Group LLC lifted its position in iShares U.S. Infrastructure ETF by 3.1% during the 4th quarter. Private Advisor Group LLC now owns 49,937 shares of the company’s stock worth $2,312,000 after buying an additional 1,483 shares in the last quarter. Global Retirement Partners LLC lifted its position in iShares U.S. Infrastructure ETF by 27.1% during the 4th quarter. Global Retirement Partners LLC now owns 8,915 shares of the company’s stock worth $413,000 after buying an additional 1,900 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in iShares U.S. Infrastructure ETF by 13.1% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 93,628 shares of the company’s stock worth $4,334,000 after buying an additional 10,864 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.1 %

iShares U.S. Infrastructure ETF stock opened at $46.74 on Friday. The firm has a market cap of $2.57 billion, a P/E ratio of 16.71 and a beta of 0.89. The company’s 50-day simple moving average is $47.17 and its 200-day simple moving average is $47.23.

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.