Wealthcare Capital Partners LLC Acquires New Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Wealthcare Capital Partners LLC acquired a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 17,089 shares of the company’s stock, valued at approximately $791,000.

Several other hedge funds also recently modified their holdings of the stock. Cedar Wealth Management LLC boosted its stake in iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after buying an additional 200 shares in the last quarter. Gries Financial LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 0.5% in the 4th quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock valued at $1,849,000 after purchasing an additional 207 shares during the period. One Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 0.5% during the 3rd quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock worth $2,118,000 after buying an additional 211 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in iShares U.S. Infrastructure ETF by 1.5% in the third quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after purchasing an additional 217 shares in the last quarter. Finally, Fullcircle Wealth LLC raised its stake in iShares U.S. Infrastructure ETF by 3.4% during the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after buying an additional 225 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA opened at $47.78 on Tuesday. The firm’s 50-day simple moving average is $47.60 and its 200-day simple moving average is $47.08. The firm has a market capitalization of $2.63 billion, a PE ratio of 16.71 and a beta of 0.89.

About iShares U.S. Infrastructure ETF

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.