WCG Wealth Advisors LLC Acquires 770 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

WCG Wealth Advisors LLC increased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,824 shares of the company’s stock after buying an additional 770 shares during the period. WCG Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,566,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IFRA. Bank of America Corp DE lifted its position in shares of iShares U.S. Infrastructure ETF by 86.2% during the fourth quarter. Bank of America Corp DE now owns 10,016,976 shares of the company’s stock worth $463,686,000 after purchasing an additional 4,636,315 shares in the last quarter. LPL Financial LLC raised its position 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 worth $131,287,000 after purchasing an additional 669,413 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares U.S. Infrastructure ETF in the 4th quarter worth approximately $19,464,000. Ameriprise Financial Inc. lifted its holdings in iShares U.S. Infrastructure ETF by 32.6% during the 4th 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 in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in iShares U.S. Infrastructure ETF by 2.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,430,047 shares of the company’s stock valued at $343,937,000 after buying an additional 205,081 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

BATS IFRA opened at $47.41 on Friday. The stock has a market capitalization of $2.40 billion, a P/E ratio of 19.68 and a beta of 0.99. iShares U.S. Infrastructure ETF has a 52 week low of $39.94 and a 52 week high of $51.99. The stock has a fifty day moving average of $45.27 and a 200-day moving average of $46.96.

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.