First Heartland Consultants Inc. Boosts Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

First Heartland Consultants Inc. increased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 12.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,817 shares of the company’s stock after purchasing an additional 1,480 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. One Wealth Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 0.5% in the 3rd quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock valued at $2,118,000 after buying an additional 211 shares during the period. Concurrent Investment Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 1.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after buying an additional 217 shares during the period. Fullcircle Wealth LLC grew its holdings in iShares U.S. Infrastructure ETF by 3.4% in the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock valued at $330,000 after buying an additional 225 shares during the period. W Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 3.4% in the 2nd quarter. W Advisors LLC now owns 7,689 shares of the company’s stock valued at $324,000 after buying an additional 254 shares during the period. Finally, Front Row Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 9.2% in the 2nd quarter. Front Row Advisors LLC now owns 3,186 shares of the company’s stock valued at $134,000 after buying an additional 269 shares during the period.

iShares U.S. Infrastructure ETF Stock Down 1.5 %

IFRA opened at $49.80 on Wednesday. The stock has a market cap of $2.74 billion, a PE ratio of 16.71 and a beta of 0.89. The company has a 50 day simple moving average of $46.93 and a 200-day simple moving average of $44.84.

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.