Beacon Financial Group increased its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 32,194 shares of the company’s stock after buying an additional 274 shares during the period. Beacon Financial Group’s holdings in iShares U.S. Infrastructure ETF were worth $1,490,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of the company. CAP Partners LLC lifted its stake in iShares U.S. Infrastructure ETF by 18.1% during the fourth quarter. CAP Partners LLC now owns 5,899 shares of the company’s stock worth $273,000 after purchasing an additional 904 shares during the period. JSF Financial LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth approximately $1,439,000. Wealthcare Capital Partners LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $791,000. True Vision MN LLC boosted its stake in iShares U.S. Infrastructure ETF by 4.2% in the 4th quarter. True Vision MN LLC now owns 12,421 shares of the company’s stock valued at $575,000 after buying an additional 495 shares in the last quarter. Finally, Latitude Advisors LLC bought a new stake in iShares U.S. Infrastructure ETF in the fourth quarter valued at $202,000.
iShares U.S. Infrastructure ETF Stock Up 2.3 %
iShares U.S. Infrastructure ETF stock opened at $47.86 on Wednesday. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business’s 50-day moving average is $47.54 and its two-hundred day moving average is $47.10.
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.
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