Maia Wealth LLC Acquires 2,854 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Maia Wealth LLC increased its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 7.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 41,135 shares of the company’s stock after acquiring an additional 2,854 shares during the period. Maia Wealth LLC owned about 0.07% of iShares U.S. Infrastructure ETF worth $1,947,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Zions Bancorporation N.A. bought a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $33,000. ORG Partners LLC bought a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter valued at $36,000. Deane Retirement Strategies Inc. bought a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter valued at $52,000. LGT Financial Advisors LLC raised its position in iShares U.S. Infrastructure ETF by 36.6% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after purchasing an additional 349 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC raised its position in iShares U.S. Infrastructure ETF by 38.1% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock valued at $70,000 after purchasing an additional 409 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 2.5 %

BATS IFRA traded up $1.16 on Wednesday, reaching $47.85. 140,300 shares of the stock traded hands. The stock’s 50 day simple moving average is $46.44 and its two-hundred day simple moving average is $44.57. The company has a market cap of $2.63 billion, a P/E ratio of 16.71 and a beta of 0.89.

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.