Private Trust Co. NA Purchases 2,241 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Private Trust Co. NA boosted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 99.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 4,505 shares of the company’s stock after acquiring an additional 2,241 shares during the period. Private Trust Co. NA’s holdings in iShares U.S. Infrastructure ETF were worth $212,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IFRA. Wharton Business Group LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 37.5% in the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after buying an additional 409,880 shares during the last quarter. Cetera Investment Advisers increased 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 worth $21,754,000 after acquiring an additional 305,141 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in iShares U.S. Infrastructure ETF during the second quarter worth approximately $12,791,000. Kestra Investment Management LLC purchased a new stake in iShares U.S. Infrastructure ETF during the second quarter valued at approximately $11,516,000. Finally, LPL Financial LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 11.8% in the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after purchasing an additional 227,962 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.2 %

BATS IFRA opened at $51.48 on Friday. The firm’s fifty day moving average is $48.14 and its 200 day moving average is $45.38. The company has a market cap of $2.83 billion, a P/E 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.