United Advisor Group LLC Takes $250,000 Position in iShares U.S. Infrastructure ETF $IFRA

United Advisor Group LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,084 shares of the company’s stock, valued at approximately $250,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. UMB Bank n.a. bought a new position in iShares U.S. Infrastructure ETF in the 2nd quarter valued at $29,000. Zions Bancorporation National Association UT purchased a new stake in shares of iShares U.S. Infrastructure ETF in the first quarter worth $35,000. Financial Gravity Companies Inc. bought a new stake in iShares U.S. Infrastructure ETF during the second quarter valued at $35,000. Rothschild Investment LLC purchased a new position in iShares U.S. Infrastructure ETF during the second quarter worth about $49,000. Finally, Elevation Wealth Partners LLC bought a new position in iShares U.S. Infrastructure ETF in the 2nd quarter worth about $52,000.

iShares U.S. Infrastructure ETF Stock Up 9.4%

BATS:IFRA opened at $51.17 on Thursday. The stock has a market cap of $2.75 billion, a P/E ratio of 19.30 and a beta of 0.98. The business’s 50-day moving average price is $52.60 and its two-hundred day moving average price is $50.71. iShares U.S. Infrastructure ETF has a twelve month low of $39.94 and a twelve month high of $51.99.

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.