Private Advisor Group LLC Raises Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Private Advisor Group LLC raised its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 34.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,454 shares of the company’s stock after acquiring an additional 12,428 shares during the quarter. Private Advisor Group LLC owned approximately 0.09% of iShares U.S. Infrastructure ETF worth $2,276,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IFRA. Envestnet Asset Management Inc. lifted its stake in shares of 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 worth $291,197,000 after buying an additional 209,698 shares in the last quarter. LPL Financial LLC lifted its stake in iShares U.S. Infrastructure ETF by 2.8% in the 2nd quarter. LPL Financial LLC now owns 1,938,821 shares of the company’s stock worth $81,663,000 after purchasing an additional 52,669 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings 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 purchasing an additional 28,235 shares during the last quarter. CWM LLC grew its position in shares of iShares U.S. Infrastructure ETF by 1.5% in the third quarter. CWM LLC now owns 880,524 shares of the company’s stock valued at $41,358,000 after purchasing an additional 13,426 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 0.4% in the second quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock valued at $29,511,000 after purchasing an additional 2,848 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

BATS IFRA opened at $47.08 on Wednesday. The stock’s fifty day moving average is $46.24 and its two-hundred day moving average is $44.37. The firm has a market capitalization of $2.59 billion, a price-to-earnings 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.