Theory Financial LLC Acquires 447 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Theory Financial LLC raised its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,847 shares of the company’s stock after acquiring an additional 447 shares during the quarter. Theory Financial LLC’s holdings in iShares U.S. Infrastructure ETF were worth $410,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in IFRA. Lane & Associates LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 34.2% in the 4th quarter. Lane & Associates LLC now owns 20,669 shares of the company’s stock valued at $980,000 after buying an additional 5,267 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 94.2% in the 4th quarter. Concurrent Investment Advisors LLC now owns 27,665 shares of the company’s stock valued at $1,281,000 after buying an additional 13,421 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the 4th quarter. Private Advisor Group LLC now owns 49,937 shares of the company’s stock valued at $2,312,000 after buying an additional 1,483 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 27.1% in the 4th quarter. Global Retirement Partners LLC now owns 8,915 shares of the company’s stock valued at $413,000 after buying an additional 1,900 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in iShares U.S. Infrastructure ETF by 13.1% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 93,628 shares of the company’s stock valued at $4,334,000 after purchasing an additional 10,864 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Down 0.1 %

Shares of iShares U.S. Infrastructure ETF stock opened at $46.74 on Friday. The firm’s 50-day simple moving average is $47.17 and its two-hundred day simple moving average is $47.23. The firm has a market cap of $2.57 billion, a P/E ratio of 16.71 and a beta of 0.89.

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.