W Advisors LLC Invests $213,000 in iShares U.S. Infrastructure ETF (BATS:IFRA)

W Advisors LLC purchased a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,292 shares of the company’s stock, valued at approximately $213,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Criterion Capital Advisors LLC acquired a new position in iShares U.S. Infrastructure ETF during the fourth quarter worth $29,000. ORG Partners LLC raised its position in iShares U.S. Infrastructure ETF by 1,742.6% in the fourth quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock valued at $45,000 after purchasing an additional 1,063 shares during the period. Financial Advocates Investment Management purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at $49,000. Aptus Capital Advisors LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 6,707.1% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,906 shares of the company’s stock valued at $70,000 after buying an additional 1,878 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 410.0% in the 4th quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock valued at $82,000 after buying an additional 1,636 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

Shares of IFRA stock traded up $0.25 on Friday, hitting $42.93. The stock had a trading volume of 159,386 shares. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89. The firm has a 50-day moving average of $42.05 and a 200 day moving average of $39.60.

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.