iShares U.S. Infrastructure ETF (BATS:IFRA) Stock Position Increased by Beacon Financial Group

Beacon Financial Group grew its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 32,194 shares of the company’s stock after purchasing an additional 274 shares during the period. Beacon Financial Group owned approximately 0.06% of iShares U.S. Infrastructure ETF worth $1,490,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in IFRA. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Infrastructure ETF during the third quarter valued at about $27,000. Continuum Advisory LLC raised its position in shares of 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 buying an additional 360 shares in the last quarter. Gilliland Jeter Wealth Management LLC lifted its stake in shares of 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 worth $70,000 after acquiring an additional 409 shares during the period. Financial Advocates Investment Management bought a new position in shares of iShares U.S. Infrastructure ETF in the third quarter valued at approximately $102,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $105,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS:IFRA opened at $47.86 on Wednesday. The company has a market capitalization of $2.63 billion, a PE ratio of 16.71 and a beta of 0.89. The business’s 50 day moving average price is $47.54 and its 200 day moving average price is $47.10.

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.