Insight Wealth Partners LLC Purchases 1,406 Shares of iShares U.S. Infrastructure ETF $IFRA

Insight Wealth Partners LLC boosted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 12.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,527 shares of the company’s stock after acquiring an additional 1,406 shares during the quarter. Insight Wealth Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $616,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IFRA. Wealth Enhancement Advisory Services LLC increased its stake in iShares U.S. Infrastructure ETF by 4.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 41,511 shares of the company’s stock valued at $1,871,000 after acquiring an additional 1,909 shares during the last quarter. Golden State Wealth Management LLC increased its position in iShares U.S. Infrastructure ETF by 89.9% during the 1st quarter. Golden State Wealth Management LLC now owns 4,305 shares of the company’s stock worth $195,000 after purchasing an additional 2,038 shares in the last quarter. Laurel Wealth Planning LLC lifted its stake in iShares U.S. Infrastructure ETF by 1.5% in the 1st quarter. Laurel Wealth Planning LLC now owns 198,104 shares of the company’s stock valued at $8,929,000 after purchasing an additional 2,931 shares during the last quarter. Yukon Wealth Management Inc. bought a new position in iShares U.S. Infrastructure ETF in the 1st quarter valued at approximately $257,000. Finally, Clune & Associates LTD. lifted its stake in iShares U.S. Infrastructure ETF by 6.3% in the 1st quarter. Clune & Associates LTD. now owns 12,620 shares of the company’s stock valued at $569,000 after purchasing an additional 746 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA opened at $54.07 on Friday. The company has a market cap of $2.91 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The firm has a 50 day simple moving average of $52.34 and a 200 day simple moving average of $49.59. iShares U.S. Infrastructure ETF has a one year low of $39.94 and a one year high of $51.99.

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.