Avidian Wealth Solutions LLC Boosts Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Avidian Wealth Solutions LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 8.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,189 shares of the company’s stock after purchasing an additional 1,056 shares during the period. Avidian Wealth Solutions LLC’s holdings in iShares U.S. Infrastructure ETF were worth $571,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. W Advisors LLC bought a new position in iShares U.S. Infrastructure ETF in the fourth quarter worth about $213,000. Millburn Ridgefield Corp boosted its stake in iShares U.S. Infrastructure ETF by 149.9% during the fourth quarter. Millburn Ridgefield Corp now owns 10,425 shares of the company’s stock worth $420,000 after acquiring an additional 6,253 shares in the last quarter. Merit Financial Group LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 12.3% in the 4th quarter. Merit Financial Group LLC now owns 57,956 shares of the company’s stock worth $2,334,000 after purchasing an additional 6,366 shares in the last quarter. Stokes Family Office LLC raised its stake in iShares U.S. Infrastructure ETF by 3.0% during the fourth quarter. Stokes Family Office LLC now owns 90,394 shares of the company’s stock valued at $3,640,000 after buying an additional 2,628 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 0.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 71,737 shares of the company’s stock worth $2,889,000 after acquiring an additional 404 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.6 %

IFRA stock traded up $0.25 during trading on Monday, hitting $42.93. 159,386 shares of the stock traded hands. The stock has a market capitalization of $2.35 billion, a PE ratio of 15.97 and a beta of 0.89. The stock has a 50-day simple moving average of $42.05 and a 200 day simple moving average of $39.62.

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.