Avidian Wealth Solutions LLC Buys 1,056 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Avidian Wealth Solutions LLC lifted its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 8.0% in the 4th quarter, Holdings Channel reports. The fund owned 14,189 shares of the company’s stock after acquiring an additional 1,056 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares U.S. Infrastructure ETF were worth $571,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Criterion Capital Advisors LLC acquired a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $29,000. ORG Partners LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 1,742.6% in the 4th quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock valued at $45,000 after purchasing an additional 1,063 shares during the period. Financial Advocates Investment Management acquired a new stake in iShares U.S. Infrastructure ETF in the 3rd quarter valued at about $49,000. Aptus Capital Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 6,707.1% during the third quarter. Aptus Capital Advisors LLC now owns 1,906 shares of the company’s stock worth $70,000 after purchasing an additional 1,878 shares during the period. Finally, Sound Income Strategies LLC increased its position in iShares U.S. Infrastructure ETF by 410.0% during the fourth quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock worth $82,000 after buying an additional 1,636 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.6 %

Shares of IFRA traded up $0.25 during mid-day trading on Monday, reaching $42.93. The company’s stock had a trading volume of 159,386 shares. The stock has a market cap of $2.35 billion, a PE ratio of 15.97 and a beta of 0.89. The business’s fifty day moving average price is $42.05 and its 200-day moving average price is $39.62.

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.