Austin Private Wealth LLC Has $5.07 Million Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Austin Private Wealth LLC lifted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 109,589 shares of the company’s stock after buying an additional 2,984 shares during the period. Austin Private Wealth LLC’s holdings in iShares U.S. Infrastructure ETF were worth $5,073,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wharton Business Group LLC lifted its stake 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 valued at $70,540,000 after buying an additional 409,880 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in iShares U.S. Infrastructure ETF in the 2nd quarter valued at $12,791,000. LPL Financial LLC lifted its position in 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 acquiring an additional 227,962 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 198.3% in the fourth quarter. Merit Financial Group LLC now owns 75,659 shares of the company’s stock valued at $3,502,000 after purchasing an additional 50,296 shares in the last quarter. Finally, Atomi Financial Group Inc. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 46.1% in the fourth quarter. Atomi Financial Group Inc. now owns 135,903 shares of the company’s stock valued at $6,291,000 after purchasing an additional 42,854 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.4 %

Shares of iShares U.S. Infrastructure ETF stock opened at $47.43 on Friday. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The firm has a 50 day moving average price of $48.08 and a 200-day moving average price of $46.95.

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.