iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Purchased by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC lifted its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 75,981 shares of the company’s stock after purchasing an additional 1,734 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $3,569,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Cetera Investment Advisers boosted its stake in iShares U.S. Infrastructure ETF by 155.2% during the first quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock valued at $21,754,000 after buying an additional 305,141 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 36.2% in the 1st quarter. Cetera Advisors LLC now owns 84,276 shares of the company’s stock valued at $3,654,000 after purchasing an additional 22,387 shares during the period. Mather Group LLC. boosted its position in shares of iShares U.S. Infrastructure ETF by 52.0% in the 2nd quarter. Mather Group LLC. now owns 2,603 shares of the company’s stock valued at $113,000 after purchasing an additional 891 shares during the period. Deane Retirement Strategies Inc. acquired a new position in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at $52,000. Finally, Park Avenue Securities LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 0.4% in the 2nd quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock valued at $29,511,000 after purchasing an additional 2,848 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

BATS:IFRA opened at $51.48 on Friday. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The company has a fifty day moving average of $48.14 and a two-hundred day moving average of $45.38.

iShares U.S. Infrastructure ETF 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.