iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Purchased by Mosley Wealth Management

Mosley Wealth Management boosted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 28.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,152 shares of the company’s stock after buying an additional 2,483 shares during the quarter. Mosley Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $470,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Scarborough Advisors LLC increased its position in shares of iShares U.S. Infrastructure ETF by 1,247.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock worth $46,789,000 after purchasing an additional 1,075,667 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $18,725,000. Cetera Investment Advisers increased its position in shares of iShares U.S. Infrastructure ETF by 155.2% in the 1st quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock worth $21,754,000 after purchasing an additional 305,141 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of iShares U.S. Infrastructure ETF by 35.7% in the 4th quarter. Hsbc Holdings PLC now owns 680,734 shares of the company’s stock worth $27,413,000 after purchasing an additional 179,229 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares U.S. Infrastructure ETF by 2.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,993,830 shares of the company’s stock worth $281,642,000 after purchasing an additional 163,064 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.9 %

Shares of IFRA traded down $0.42 during midday trading on Friday, hitting $43.83. The company had a trading volume of 170,530 shares. The stock has a market cap of $2.41 billion, a PE ratio of 16.71 and a beta of 0.89. The firm has a 50 day moving average price of $44.15 and a 200 day moving average price of $43.08.

iShares U.S. Infrastructure ETF Company 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.