ShoreHaven Wealth Partners LLC Grows Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

ShoreHaven Wealth Partners LLC raised its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,420 shares of the company’s stock after purchasing an additional 2,269 shares during the period. ShoreHaven Wealth Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,064,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of IFRA. Sound Income Strategies LLC increased its holdings in iShares U.S. Infrastructure ETF by 410.0% during the 4th quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock worth $82,000 after acquiring an additional 1,636 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its stake in iShares U.S. Infrastructure ETF by 3.1% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,983 shares of the company’s stock valued at $402,000 after acquiring an additional 333 shares during the last quarter. Sharkey Howes & Javer increased its position in shares of iShares U.S. Infrastructure ETF by 8.3% during the 4th quarter. Sharkey Howes & Javer now owns 59,678 shares of the company’s stock valued at $2,403,000 after purchasing an additional 4,568 shares during the last quarter. Arete Wealth Advisors LLC lifted its position in iShares U.S. Infrastructure ETF by 45.3% in the 3rd quarter. Arete Wealth Advisors LLC now owns 10,701 shares of the company’s stock worth $392,000 after buying an additional 3,337 shares during the last quarter. Finally, Peoples Bank KS bought a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth approximately $85,000.

iShares U.S. Infrastructure ETF Stock Performance

BATS IFRA traded up $0.12 during trading on Wednesday, hitting $43.67. 152,987 shares of the company’s stock traded hands. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89. The business’s 50-day moving average price is $42.19 and its two-hundred day moving average price is $39.74.

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.