Icon Wealth Advisors LLC Raises Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Icon Wealth Advisors LLC lifted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 75,981 shares of the company’s stock after purchasing an additional 1,734 shares during the quarter. Icon Wealth Advisors LLC owned about 0.14% of iShares U.S. Infrastructure ETF worth $3,569,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Zions Bancorporation N.A. purchased a new position in iShares U.S. Infrastructure ETF in the 2nd quarter worth approximately $33,000. ORG Partners LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $36,000. Deane Retirement Strategies Inc. purchased a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $52,000. LGT Financial Advisors LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 36.6% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after buying an additional 349 shares during the last quarter. Finally, Gilliland Jeter Wealth Management LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 38.1% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock valued at $70,000 after buying an additional 409 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

iShares U.S. Infrastructure ETF stock opened at $51.48 on Friday. The stock has a market cap of $2.83 billion, a PE ratio of 16.71 and a beta of 0.89. The firm’s 50 day simple moving average is $48.14 and its 200 day simple moving average is $45.38.

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.