Flagship Wealth Advisors LLC Acquires Shares of 1,000 iShares U.S. Infrastructure ETF (BATS:IFRA)

Flagship Wealth Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $46,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Arrien Investments Inc. bought a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth approximately $1,650,000. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares U.S. Infrastructure ETF by 2.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,061,486 shares of the company’s stock worth $49,136,000 after purchasing an additional 24,660 shares during the period. Avantax Advisory Services Inc. increased its stake in shares of iShares U.S. Infrastructure ETF by 3.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 69,494 shares of the company’s stock worth $3,217,000 after purchasing an additional 2,009 shares during the period. Liberty Wealth Management LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 2.8% during the fourth quarter. Liberty Wealth Management LLC now owns 69,582 shares of the company’s stock worth $3,221,000 after purchasing an additional 1,908 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 1.0% during the fourth quarter. Farther Finance Advisors LLC now owns 70,992 shares of the company’s stock worth $3,286,000 after purchasing an additional 729 shares during the period.

iShares U.S. Infrastructure ETF Trading Down 1.3 %

Shares of BATS IFRA opened at $46.18 on Tuesday. The firm has a market cap of $2.37 billion, a P/E ratio of 19.01 and a beta of 1.05. iShares U.S. Infrastructure ETF has a 1-year low of $40.93 and a 1-year high of $51.99. The business’s 50 day moving average is $46.87 and its 200-day moving average is $47.40.

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.