iShares U.S. Infrastructure ETF $IFRA Shares Newly Purchased by Sage Private Wealth Group LLC

Sage Private Wealth Group LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the 3rd quarter, Holdings Channel reports. The fund acquired 142,855 shares of the company’s stock, valued at approximately $7,861,000. iShares U.S. Infrastructure ETF accounts for about 2.6% of Sage Private Wealth Group LLC’s investment portfolio, making the stock its 14th largest holding.

Several other institutional investors also recently bought and sold shares of the company. Fifth Third Securities Inc. purchased a new position in iShares U.S. Infrastructure ETF in the third quarter worth about $5,345,000. Diversify Advisory Services LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 14.5% in the third quarter. Diversify Advisory Services LLC now owns 30,467 shares of the company’s stock worth $1,724,000 after buying an additional 3,862 shares in the last quarter. Tenet Wealth Partners LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 58.3% during the third quarter. Tenet Wealth Partners LLC now owns 9,139 shares of the company’s stock valued at $503,000 after buying an additional 3,365 shares during the last quarter. Fortitude Financial LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the third quarter valued at approximately $226,000. Finally, Client 1ST Advisory Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 8.8% during the third quarter. Client 1ST Advisory Group LLC now owns 46,276 shares of the company’s stock valued at $2,547,000 after buying an additional 3,731 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 0.7%

BATS:IFRA opened at $57.00 on Thursday. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The company’s 50 day moving average price is $57.89 and its 200-day moving average price is $60.03. iShares U.S. Infrastructure ETF has a 52 week low of $50.66 and a 52 week high of $64.25.

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.