Park Avenue Securities LLC Grows Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Park Avenue Securities LLC grew its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 720,366 shares of the company’s stock after purchasing an additional 30,576 shares during the period. Park Avenue Securities LLC’s holdings in iShares U.S. Infrastructure ETF were worth $33,346,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IFRA. Wharton Business Group LLC grew its holdings in iShares U.S. Infrastructure ETF by 37.5% in the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after purchasing an additional 409,880 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the second quarter worth $12,791,000. Kestra Investment Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the second quarter worth $11,516,000. LPL Financial LLC lifted its stake 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 period. Finally, Creative Planning lifted its stake in shares of iShares U.S. Infrastructure ETF by 21.2% during the second quarter. Creative Planning now owns 375,368 shares of the company’s stock worth $15,810,000 after buying an additional 65,544 shares during the period.

iShares U.S. Infrastructure ETF Stock Up 2.2 %

BATS IFRA opened at $46.77 on Wednesday. The firm has a market capitalization of $2.57 billion, a P/E ratio of 16.71 and a beta of 0.89. The firm’s 50-day simple moving average is $48.61 and its two-hundred day simple moving average is $46.49.

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.