Mosley Wealth Management Has $376,000 Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Mosley Wealth Management lifted its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 33.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,669 shares of the company’s stock after acquiring an additional 2,168 shares during the period. Mosley Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $376,000 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 IFRA. Scarborough Advisors LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 1,247.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock worth $46,789,000 after acquiring an additional 1,075,667 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $18,725,000. Financial Gravity Asset Management Inc. boosted its holdings in shares of iShares U.S. Infrastructure ETF by 972.4% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 259,757 shares of the company’s stock worth $9,505,000 after buying an additional 235,534 shares during the last quarter. Modera Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth about $8,392,000. Finally, Wealth Management Resources Inc. purchased a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $7,544,000.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS:IFRA traded down $0.04 during midday trading on Thursday, reaching $42.03. The company had a trading volume of 152,581 shares. The stock has a 50-day simple moving average of $43.13 and a 200 day simple moving average of $41.40. The stock has a market capitalization of $2.31 billion, a PE ratio of 16.71 and a beta of 0.89.

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.