Detalus Advisors LLC Purchases 852 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Detalus Advisors LLC increased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,494 shares of the company’s stock after purchasing an additional 852 shares during the quarter. iShares U.S. Infrastructure ETF makes up approximately 0.7% of Detalus Advisors LLC’s holdings, making the stock its 26th largest holding. Detalus Advisors LLC owned about 0.08% of iShares U.S. Infrastructure ETF worth $2,043,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cetera Investment Advisers increased its position in iShares U.S. Infrastructure ETF by 155.2% during the 1st quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock valued at $21,754,000 after purchasing an additional 305,141 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the second quarter valued at about $12,791,000. Kestra Investment Management LLC bought a new position in iShares U.S. Infrastructure ETF in the second quarter worth about $11,516,000. Envestnet Asset Management Inc. lifted its holdings in 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 during the period. Finally, AlphaQ Advisors LLC bought a new stake in iShares U.S. Infrastructure ETF during the 1st quarter valued at approximately $4,188,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA stock traded down $0.33 during midday trading on Wednesday, reaching $47.44. 127,169 shares of the stock were exchanged. The company has a 50-day simple moving average of $45.94 and a 200 day simple moving average of $44.21. The firm has a market cap of $2.61 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.