Endeavor Private Wealth Inc. purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) during the 4th quarter, Holdings Channel reports. The firm purchased 7,487 shares of the company’s stock, valued at approximately $347,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in iShares U.S. Infrastructure ETF during the third quarter worth $27,000. Continuum Advisory LLC increased its stake 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 purchasing an additional 360 shares during the last quarter. Gilliland Jeter Wealth Management LLC raised its holdings 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 valued at $70,000 after purchasing an additional 409 shares during the period. Semmax Financial Advisors Inc. lifted its stake in iShares U.S. Infrastructure ETF by 17.7% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 2,289 shares of the company’s stock valued at $100,000 after purchasing an additional 344 shares during the last quarter. Finally, Financial Advocates Investment Management bought a new position in iShares U.S. Infrastructure ETF during the third quarter worth about $102,000.
iShares U.S. Infrastructure ETF Stock Up 3.5 %
BATS:IFRA opened at $48.42 on Thursday. The company has a 50-day simple moving average of $48.40 and a 200 day simple moving average of $46.73. The company has a market capitalization of $2.66 billion, a price-to-earnings 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.
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