Proactive Wealth Strategies LLC Acquires Shares of 6,104 iShares U.S. Infrastructure ETF (BATS:IFRA)

Proactive Wealth Strategies LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,104 shares of the company’s stock, valued at approximately $287,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IFRA. Blair William & Co. IL raised its holdings in shares of iShares U.S. Infrastructure ETF by 27.2% in the first quarter. Blair William & Co. IL now owns 5,774 shares of the company’s stock worth $250,000 after buying an additional 1,233 shares during the period. Wintrust Investments LLC increased its holdings in iShares U.S. Infrastructure ETF by 4.2% during the 1st quarter. Wintrust Investments LLC now owns 98,529 shares of the company’s stock worth $4,272,000 after purchasing an additional 4,015 shares during the period. Cedar Wealth Management LLC increased its holdings in iShares U.S. Infrastructure ETF by 1,075.0% during the 1st quarter. Cedar Wealth Management LLC now owns 2,350 shares of the company’s stock worth $102,000 after purchasing an additional 2,150 shares during the period. CreativeOne Wealth LLC boosted its position in iShares U.S. Infrastructure ETF by 41.5% during the 1st quarter. CreativeOne Wealth LLC now owns 69,001 shares of the company’s stock valued at $2,992,000 after acquiring an additional 20,244 shares in the last quarter. Finally, Ascent Group LLC boosted its position in iShares U.S. Infrastructure ETF by 6.7% during the 1st quarter. Ascent Group LLC now owns 26,378 shares of the company’s stock valued at $1,144,000 after acquiring an additional 1,666 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA opened at $50.54 on Tuesday. The company has a market cap of $2.78 billion, a PE ratio of 16.71 and a beta of 0.89. The firm’s 50-day moving average is $46.82 and its two-hundred day moving average is $44.79.

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.