Ascent Group LLC Grows Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Ascent Group LLC lifted its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 8.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,165 shares of the company’s stock after purchasing an additional 2,725 shares during the quarter. Ascent Group LLC owned about 0.06% of iShares U.S. Infrastructure ETF worth $1,652,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Zions Bancorporation N.A. bought a new position in shares of iShares U.S. Infrastructure ETF in the second quarter worth approximately $33,000. ORG Partners LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth $36,000. LGT Financial Advisors LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 36.6% in the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock worth $55,000 after purchasing an additional 349 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the second quarter valued at $65,000. Finally, Gilliland Jeter Wealth Management LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 38.1% during the third 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 in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

BATS IFRA opened at $51.26 on Tuesday. The stock has a 50 day simple moving average of $48.33 and a 200-day simple moving average of $45.49. The company has a market cap of $2.82 billion, a P/E 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.