First Heartland Consultants Inc. raised its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 12.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,817 shares of the company’s stock after acquiring an additional 1,480 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $649,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its holdings in iShares U.S. Infrastructure ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock valued at $291,197,000 after acquiring an additional 209,698 shares during the period. LPL Financial LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 2.8% during the 2nd quarter. LPL Financial LLC now owns 1,938,821 shares of the company’s stock worth $81,663,000 after buying an additional 52,669 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares U.S. Infrastructure ETF by 2.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 992,639 shares of the company’s stock worth $41,810,000 after buying an additional 28,235 shares during the last quarter. CWM LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 1.5% during the 3rd quarter. CWM LLC now owns 880,524 shares of the company’s stock worth $41,358,000 after buying an additional 13,426 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 0.4% during the 2nd quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock worth $29,511,000 after buying an additional 2,848 shares during the last quarter.
iShares U.S. Infrastructure ETF Stock Down 1.5 %
BATS:IFRA opened at $49.80 on Wednesday. The firm has a market cap of $2.74 billion, a P/E ratio of 16.71 and a beta of 0.89. The stock’s 50-day moving average price is $46.93 and its two-hundred day moving average price is $44.84.
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.
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