Sunbelt Securities Inc. Purchases 1,531 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Sunbelt Securities Inc. increased its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 13.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,111 shares of the company’s stock after acquiring an additional 1,531 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $552,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of IFRA. Clear Creek Financial Management LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 4.6% during the 1st quarter. Clear Creek Financial Management LLC now owns 5,763 shares of the company’s stock worth $250,000 after purchasing an additional 253 shares during the period. W Advisors LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 3.4% during the 2nd quarter. W Advisors LLC now owns 7,689 shares of the company’s stock worth $324,000 after purchasing an additional 254 shares during the period. Front Row Advisors LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 9.2% during the 2nd quarter. Front Row Advisors LLC now owns 3,186 shares of the company’s stock worth $134,000 after purchasing an additional 269 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of iShares U.S. Infrastructure ETF by 1.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 26,789 shares of the company’s stock worth $1,128,000 after purchasing an additional 271 shares during the period. Finally, Raleigh Capital Management Inc. increased its holdings in shares of iShares U.S. Infrastructure ETF by 6.9% during the 4th quarter. Raleigh Capital Management Inc. now owns 4,448 shares of the company’s stock worth $179,000 after purchasing an additional 286 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

BATS:IFRA opened at $46.97 on Wednesday. The stock’s 50-day moving average is $45.08 and its 200-day moving average is $43.68. The company has a market cap of $2.58 billion, a P/E 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.