Financial Partners Group Inc Has $1.56 Million Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Financial Partners Group Inc lowered its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 33,732 shares of the company’s stock after selling 342 shares during the period. Financial Partners Group Inc’s holdings in iShares U.S. Infrastructure ETF were worth $1,561,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in IFRA. Wilmington Savings Fund Society FSB bought a new position in shares of iShares U.S. Infrastructure ETF in the third quarter valued at about $27,000. Continuum Advisory LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 41.8% in the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares during the last quarter. Gilliland Jeter Wealth Management LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 38.1% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after purchasing an additional 409 shares in the last quarter. Financial Advocates Investment Management acquired a new position in shares of iShares U.S. Infrastructure ETF during the third quarter worth approximately $102,000. Finally, Cedar Wealth Management LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 8.3% during the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 1.4 %

IFRA stock opened at $47.43 on Monday. The stock has a fifty day moving average of $48.08 and a 200 day moving average of $46.98. The company has a market cap of $2.61 billion, a PE ratio of 16.71 and a beta of 0.89.

iShares U.S. Infrastructure ETF Company 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.