VCI Wealth Management LLC Buys Shares of 38,276 iShares U.S. Infrastructure ETF (BATS:IFRA)

VCI Wealth Management LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 38,276 shares of the company’s stock, valued at approximately $1,541,000. iShares U.S. Infrastructure ETF comprises 0.9% of VCI Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding.

Several other institutional investors have also added to or reduced their stakes in IFRA. National Bank of Canada FI boosted its stake in shares of iShares U.S. Infrastructure ETF by 21.9% in the 3rd quarter. National Bank of Canada FI now owns 13,930 shares of the company’s stock worth $496,000 after buying an additional 2,500 shares during the last quarter. Strategic Blueprint LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 4.5% in the 3rd quarter. Strategic Blueprint LLC now owns 52,815 shares of the company’s stock worth $1,933,000 after buying an additional 2,292 shares during the last quarter. Fiduciary Alliance LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 2.2% in the 3rd quarter. Fiduciary Alliance LLC now owns 49,659 shares of the company’s stock worth $1,817,000 after buying an additional 1,050 shares during the last quarter. Simplicity Solutions LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 28.1% in the 3rd quarter. Simplicity Solutions LLC now owns 6,867 shares of the company’s stock worth $251,000 after buying an additional 1,505 shares during the last quarter. Finally, Simplicity Wealth LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 12.1% in the 3rd quarter. Simplicity Wealth LLC now owns 6,009 shares of the company’s stock worth $220,000 after buying an additional 647 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA stock traded up $0.07 on Thursday, reaching $42.36. The stock had a trading volume of 179,627 shares. The firm has a market cap of $2.31 billion, a PE ratio of 15.97 and a beta of 0.89. The stock’s 50-day simple moving average is $41.70 and its 200 day simple moving average is $39.30.

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.