Stratos Wealth Partners LTD. Purchases 5,385 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Stratos Wealth Partners LTD. increased its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 79.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,121 shares of the company’s stock after purchasing an additional 5,385 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Infrastructure ETF were worth $561,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wharton Business Group LLC grew its holdings in iShares U.S. Infrastructure ETF by 37.5% during the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after buying an additional 409,880 shares in the last quarter. LPL Financial LLC lifted its position in iShares U.S. Infrastructure ETF by 11.8% in the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after buying an additional 227,962 shares during the last quarter. Merit Financial Group LLC boosted its stake in iShares U.S. Infrastructure ETF by 198.3% in the fourth quarter. Merit Financial Group LLC now owns 75,659 shares of the company’s stock worth $3,502,000 after buying an additional 50,296 shares in the last quarter. Atomi Financial Group Inc. raised its stake in shares of iShares U.S. Infrastructure ETF by 46.1% during the fourth quarter. Atomi Financial Group Inc. now owns 135,903 shares of the company’s stock worth $6,291,000 after acquiring an additional 42,854 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its position in iShares U.S. Infrastructure ETF by 1,414.9% during the third quarter. Centaurus Financial Inc. now owns 43,372 shares of the company’s stock valued at $2,037,000 after buying an additional 40,509 shares during the period.

iShares U.S. Infrastructure ETF Stock Up 2.3 %

Shares of IFRA stock opened at $47.86 on Wednesday. The company has a market capitalization of $2.63 billion, a P/E ratio of 16.71 and a beta of 0.89. The company has a fifty day moving average of $47.54 and a 200 day moving average of $47.10.

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.