Western Wealth Management LLC Buys 23,080 Shares of iShares U.S. Infrastructure ETF $IFRA

Western Wealth Management LLC lifted its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 84.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,371 shares of the company’s stock after purchasing an additional 23,080 shares during the quarter. Western Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $2,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE grew its position in iShares U.S. Infrastructure ETF by 2.2% during the 3rd quarter. Bank of America Corp DE now owns 10,015,425 shares of the company’s stock valued at $529,015,000 after purchasing an additional 217,548 shares during the last quarter. LPL Financial LLC raised its holdings in iShares U.S. Infrastructure ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 1,149,312 shares of the company’s stock worth $60,477,000 after buying an additional 85,038 shares during the last quarter. Cetera Investment Advisers raised its holdings in iShares U.S. Infrastructure ETF by 52.6% in the first quarter. Cetera Investment Advisers now owns 1,076,201 shares of the company’s stock worth $61,559,000 after buying an additional 371,039 shares during the last quarter. Mariner LLC raised its holdings in iShares U.S. Infrastructure ETF by 5.6% in the fourth quarter. Mariner LLC now owns 1,025,850 shares of the company’s stock worth $53,980,000 after buying an additional 54,428 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 0.6% in the first quarter. Hsbc Holdings PLC now owns 758,522 shares of the company’s stock worth $43,387,000 after buying an additional 4,617 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

BATS:IFRA opened at $60.57 on Friday. The company’s 50 day moving average price is $61.73 and its 200-day moving average price is $59.84. iShares U.S. Infrastructure ETF has a 52 week low of $49.49 and a 52 week high of $64.25. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98.

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.