S&A Financial Services Inc. Invests $1.19 Million in iShares U.S. Infrastructure ETF $IFRA

S&A Financial Services Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 20,743 shares of the company’s stock, valued at approximately $1,186,000.

Other large investors have also modified their holdings of the company. Parallel Advisors LLC lifted its position in iShares U.S. Infrastructure ETF by 47.3% in the first quarter. Parallel Advisors LLC now owns 4,532 shares of the company’s stock worth $259,000 after purchasing an additional 1,455 shares during the period. Immaculate Wealth Management LLC bought a new stake in iShares U.S. Infrastructure ETF in the 1st quarter valued at $719,000. Western Wealth Management LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 84.6% in the 1st quarter. Western Wealth Management LLC now owns 50,371 shares of the company’s stock valued at $2,881,000 after buying an additional 23,080 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of iShares U.S. Infrastructure ETF by 361.4% in the 1st quarter. Arkadios Wealth Advisors now owns 26,683 shares of the company’s stock valued at $1,526,000 after buying an additional 20,900 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 22.6% during the 1st quarter. Sunbelt Securities Inc. now owns 27,461 shares of the company’s stock worth $1,571,000 after acquiring an additional 5,059 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

Shares of iShares U.S. Infrastructure ETF stock opened at $60.57 on Monday. The firm’s 50-day simple moving average is $61.73 and its 200-day simple moving average is $59.87. iShares U.S. Infrastructure ETF has a twelve month low of $49.49 and a twelve month high of $64.25. The firm has a market cap of $3.26 billion, a P/E ratio of 19.30 and a beta of 0.98.

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.