iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Purchased by Atomi Financial Group Inc.

Atomi Financial Group Inc. grew its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 46.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 135,903 shares of the company’s stock after purchasing an additional 42,854 shares during the quarter. Atomi Financial Group Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $6,291,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IFRA. Wharton Business Group LLC lifted its holdings in iShares U.S. Infrastructure ETF by 37.5% in the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after buying an additional 409,880 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF in the second quarter valued at $12,791,000. Kestra Investment Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $11,516,000. LPL Financial LLC lifted its holdings in iShares U.S. Infrastructure ETF by 11.8% in the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after acquiring an additional 227,962 shares during the last quarter. Finally, Creative Planning lifted its stake in iShares U.S. Infrastructure ETF by 21.2% in the second quarter. Creative Planning now owns 375,368 shares of the company’s stock valued at $15,810,000 after buying an additional 65,544 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

IFRA opened at $48.44 on Tuesday. The company’s fifty day simple moving average is $48.44 and its 200 day simple moving average is $46.66. The company has a market capitalization of $2.66 billion, a PE ratio of 16.71 and a beta of 0.89.

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.