B. Riley Wealth Advisors Inc. Has $2.33 Million Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

B. Riley Wealth Advisors Inc. reduced its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 49,729 shares of the company’s stock after selling 831 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $2,325,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock worth $291,197,000 after buying an additional 209,698 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 11.8% during the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after buying an additional 227,962 shares during the last quarter. Wharton Business Group LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 37.5% during the third 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. CWM LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 1.5% during the third quarter. CWM LLC now owns 880,524 shares of the company’s stock worth $41,358,000 after buying an additional 13,426 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 3.8% during the third quarter. MML Investors Services LLC now owns 630,423 shares of the company’s stock worth $29,611,000 after buying an additional 23,053 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.7 %

Shares of IFRA stock opened at $48.74 on Monday. The firm has a market capitalization of $2.68 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s 50 day simple moving average is $48.97 and its 200 day simple moving average is $45.90.

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.