Alpha Financial Partners LLC Purchases 3,060 Shares of iShares U.S. Infrastructure ETF $IFRA

Alpha Financial Partners LLC lifted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 10.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 33,431 shares of the company’s stock after acquiring an additional 3,060 shares during the quarter. iShares U.S. Infrastructure ETF comprises approximately 1.2% of Alpha Financial Partners LLC’s portfolio, making the stock its 13th largest holding. Alpha Financial Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,644,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Wharton Business Group LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 6.3% in the 1st quarter. Wharton Business Group LLC now owns 1,656,875 shares of the company’s stock worth $74,675,000 after acquiring an additional 97,475 shares in the last quarter. Compound Planning Inc. grew its position in iShares U.S. Infrastructure ETF by 66.9% during the first quarter. Compound Planning Inc. now owns 226,838 shares of the company’s stock valued at $10,224,000 after buying an additional 90,935 shares during the period. Laurel Wealth Planning LLC grew its position in iShares U.S. Infrastructure ETF by 1.5% during the first quarter. Laurel Wealth Planning LLC now owns 198,104 shares of the company’s stock valued at $8,929,000 after buying an additional 2,931 shares during the period. Haven Private LLC grew its position in iShares U.S. Infrastructure ETF by 1.6% during the first quarter. Haven Private LLC now owns 162,657 shares of the company’s stock valued at $7,331,000 after buying an additional 2,636 shares during the period. Finally, Elios Financial Group Inc. grew its position in iShares U.S. Infrastructure ETF by 0.3% during the first quarter. Elios Financial Group Inc. now owns 134,143 shares of the company’s stock valued at $6,046,000 after buying an additional 348 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

IFRA opened at $52.09 on Friday. The firm has a market cap of $2.80 billion, a P/E ratio of 19.30 and a beta of 0.98. The firm has a 50-day moving average of $51.90 and a 200 day moving average of $48.93. iShares U.S. Infrastructure ETF has a fifty-two week low of $39.94 and a fifty-two week high of $51.99.

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.