Keeler & Nadler Financial Planning & Wealth Management Purchases 11,424 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Keeler & Nadler Financial Planning & Wealth Management lifted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,922 shares of the company’s stock after buying an additional 11,424 shares during the period. iShares U.S. Infrastructure ETF comprises 1.8% of Keeler & Nadler Financial Planning & Wealth Management’s investment portfolio, making the stock its 16th largest position. Keeler & Nadler Financial Planning & Wealth Management owned 0.15% of iShares U.S. Infrastructure ETF worth $3,838,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IFRA. Wharton Business Group LLC grew its stake 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 valued at $70,540,000 after buying an additional 409,880 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the second quarter valued at approximately $12,791,000. Kestra Investment Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the second quarter worth approximately $11,516,000. LPL Financial LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 11.8% in 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 raised its holdings in iShares U.S. Infrastructure ETF by 21.2% during the 2nd quarter. Creative Planning now owns 375,368 shares of the company’s stock valued at $15,810,000 after buying an additional 65,544 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.3 %

Shares of BATS:IFRA opened at $47.39 on Thursday. The company’s 50 day moving average price is $48.54 and its 200-day moving average price is $46.49. The company has a market capitalization of $2.60 billion, a P/E ratio of 16.71 and a beta of 0.89.

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.