Captrust Financial Advisors Increases Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Captrust Financial Advisors increased its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 396,611 shares of the company’s stock after acquiring an additional 7,066 shares during the period. Captrust Financial Advisors owned approximately 0.72% of iShares U.S. Infrastructure ETF worth $18,359,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in shares of iShares U.S. Infrastructure ETF by 86.2% in the 4th quarter. Bank of America Corp DE now owns 10,016,976 shares of the company’s stock valued at $463,686,000 after purchasing an additional 4,636,315 shares in the last quarter. BIP Wealth LLC lifted its position in iShares U.S. Infrastructure ETF by 9.7% during the fourth quarter. BIP Wealth LLC now owns 7,054 shares of the company’s stock valued at $327,000 after buying an additional 625 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares U.S. Infrastructure ETF by 32.6% during the fourth quarter. Ameriprise Financial Inc. now owns 857,864 shares of the company’s stock worth $39,701,000 after buying an additional 211,018 shares during the period. Advocacy Wealth Management Services LLC increased its position in shares of iShares U.S. Infrastructure ETF by 4.6% in the fourth quarter. Advocacy Wealth Management Services LLC now owns 217,916 shares of the company’s stock worth $10,087,000 after acquiring an additional 9,607 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of iShares U.S. Infrastructure ETF by 0.8% in the 4th quarter. Northern Trust Corp now owns 64,153 shares of the company’s stock valued at $2,970,000 after acquiring an additional 519 shares during the period.

iShares U.S. Infrastructure ETF Trading Down 1.0 %

Shares of iShares U.S. Infrastructure ETF stock opened at $46.30 on Wednesday. iShares U.S. Infrastructure ETF has a twelve month low of $39.94 and a twelve month high of $51.99. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 17.99 and a beta of 0.98. The company has a fifty day moving average price of $44.75 and a 200 day moving average price of $46.93.

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.