Retirement Wealth Solutions LLC Purchases Shares of 3,814 iShares U.S. Infrastructure ETF (BATS:IFRA)

Retirement Wealth Solutions LLC purchased a new position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, Holdings Channel.com reports. The fund purchased 3,814 shares of the company’s stock, valued at approximately $173,000.

Several other hedge funds have also recently modified their holdings of IFRA. Cedar Wealth Management LLC grew its position in iShares U.S. Infrastructure ETF by 8.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after purchasing an additional 200 shares during the last quarter. One Wealth Advisors LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 0.5% during the third quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock worth $2,118,000 after buying an additional 211 shares during the period. Concurrent Investment Advisors LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 1.5% during the third quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after buying an additional 217 shares during the last quarter. Fullcircle Wealth LLC increased its position in shares of iShares U.S. Infrastructure ETF by 3.4% in the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock valued at $330,000 after acquiring an additional 225 shares during the period. Finally, Tsfg LLC raised its stake in iShares U.S. Infrastructure ETF by 1.0% in the 4th quarter. Tsfg LLC now owns 27,573 shares of the company’s stock worth $1,276,000 after acquiring an additional 267 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 3.6 %

iShares U.S. Infrastructure ETF stock opened at $48.44 on Friday. The stock has a market cap of $2.66 billion, a P/E ratio of 16.71 and a beta of 0.89. The company’s fifty day moving average price is $48.48 and its 200-day moving average price is $46.55.

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.