Cypress Wealth Services LLC Purchases 632 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Cypress Wealth Services LLC grew its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 48,034 shares of the company’s stock after buying an additional 632 shares during the quarter. Cypress Wealth Services LLC’s holdings in iShares U.S. Infrastructure ETF were worth $2,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter valued at approximately $27,000. Continuum Advisory LLC increased its stake in iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares during the period. Gilliland Jeter Wealth Management LLC raised its holdings in iShares U.S. Infrastructure ETF by 38.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock valued at $70,000 after acquiring an additional 409 shares in the last quarter. Semmax Financial Advisors Inc. lifted its position in shares of iShares U.S. Infrastructure ETF by 17.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 2,289 shares of the company’s stock valued at $100,000 after acquiring an additional 344 shares during the period. Finally, Financial Advocates Investment Management acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth $102,000.

iShares U.S. Infrastructure ETF Stock Up 3.1 %

Shares of BATS IFRA opened at $48.21 on Friday. The company has a market capitalization of $2.65 billion, a PE ratio of 16.71 and a beta of 0.89. The stock has a 50 day moving average of $48.51 and a two-hundred day moving average of $46.50.

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.