Vermillion & White Wealth Management Group LLC Acquires 1,129 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Vermillion & White Wealth Management Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 342.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,459 shares of the company’s stock after acquiring an additional 1,129 shares during the quarter. Vermillion & White Wealth Management Group LLC’s holdings in iShares U.S. Infrastructure ETF were worth $68,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in IFRA. Bank of America Corp DE lifted its position in shares of iShares U.S. Infrastructure ETF by 86.2% during the 4th quarter. Bank of America Corp DE now owns 10,016,976 shares of the company’s stock worth $463,686,000 after buying an additional 4,636,315 shares during the last quarter. LPL Financial LLC raised its holdings in iShares U.S. Infrastructure ETF by 30.9% in the 4th quarter. LPL Financial LLC now owns 2,836,196 shares of the company’s stock valued at $131,287,000 after buying an additional 669,413 shares during the last quarter. Raymond James Financial Inc. bought a new stake in iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $19,464,000. Ameriprise Financial Inc. raised its stake in shares of 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 valued at $39,701,000 after acquiring an additional 211,018 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Infrastructure ETF by 2.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 7,430,047 shares of the company’s stock valued at $343,937,000 after acquiring an additional 205,081 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 3.3%

Shares of iShares U.S. Infrastructure ETF stock opened at $48.33 on Monday. The stock has a market cap of $2.39 billion, a price-to-earnings ratio of 17.99 and a beta of 0.98. iShares U.S. Infrastructure ETF has a twelve month low of $39.94 and a twelve month high of $51.99. The company’s fifty day moving average is $45.04 and its 200 day moving average is $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.