Moneywise Inc. Buys 7,028 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Moneywise Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 21.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,392 shares of the company’s stock after acquiring an additional 7,028 shares during the quarter. iShares U.S. Infrastructure ETF makes up approximately 0.9% of Moneywise Inc.’s holdings, making the stock its 26th biggest position. Moneywise Inc. owned about 0.07% of iShares U.S. Infrastructure ETF worth $1,823,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Cedar Wealth Management LLC lifted its holdings in iShares U.S. Infrastructure ETF by 8.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after purchasing an additional 200 shares in the last quarter. Gries Financial LLC lifted its holdings in iShares U.S. Infrastructure ETF by 0.5% in the 4th quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock worth $1,849,000 after purchasing an additional 207 shares in the last quarter. One Wealth Advisors LLC lifted its holdings in iShares U.S. Infrastructure ETF by 0.5% in the 3rd quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock worth $2,118,000 after purchasing an additional 211 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in iShares U.S. Infrastructure ETF by 1.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock worth $669,000 after purchasing an additional 217 shares in the last quarter. Finally, Fullcircle Wealth LLC lifted its holdings in iShares U.S. Infrastructure ETF by 3.4% in the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after purchasing an additional 225 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.7 %

BATS IFRA opened at $47.57 on Thursday. The business has a 50 day simple moving average of $47.83 and a 200 day simple moving average of $47.02. The stock 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.