Kestra Investment Management LLC Has $15.16 Million Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Kestra Investment Management LLC grew its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 327,475 shares of the company’s stock after buying an additional 17,869 shares during the quarter. Kestra Investment Management LLC owned 0.60% of iShares U.S. Infrastructure ETF worth $15,159,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its stake in iShares U.S. Infrastructure ETF by 1.1% during the 4th quarter. Atria Wealth Solutions Inc. now owns 125,868 shares of the company’s stock valued at $5,826,000 after purchasing an additional 1,352 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of iShares U.S. Infrastructure ETF by 22.3% in the fourth quarter. Truist Financial Corp now owns 95,227 shares of the company’s stock valued at $4,408,000 after purchasing an additional 17,374 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 2.1% during the fourth quarter. Sanctuary Advisors LLC now owns 338,893 shares of the company’s stock valued at $16,233,000 after buying an additional 6,900 shares during the last quarter. Principal Financial Group Inc. grew its holdings in iShares U.S. Infrastructure ETF by 17.4% during the fourth quarter. Principal Financial Group Inc. now owns 141,375 shares of the company’s stock worth $6,544,000 after buying an additional 21,000 shares in the last quarter. Finally, Buttonwood Financial Group LLC raised its position in iShares U.S. Infrastructure ETF by 2.0% in the 4th quarter. Buttonwood Financial Group LLC now owns 56,693 shares of the company’s stock valued at $2,747,000 after buying an additional 1,086 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.6 %

Shares of BATS:IFRA opened at $47.54 on Tuesday. The company has a market cap of $2.61 billion, a PE ratio of 16.71 and a beta of 0.89. The company’s fifty day moving average is $47.31 and its two-hundred day moving average is $47.15.

About iShares U.S. Infrastructure ETF

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.