Robertson Stephens Wealth Management LLC Has $526,000 Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Robertson Stephens Wealth Management LLC increased its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,353 shares of the company’s stock after acquiring an additional 1,611 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $526,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IFRA. Wharton Business Group LLC boosted its position in iShares U.S. Infrastructure ETF by 37.5% during the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after buying an additional 409,880 shares during the period. LPL Financial LLC raised its holdings in iShares U.S. Infrastructure ETF by 11.8% during the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after purchasing an additional 227,962 shares during the last quarter. Merit Financial Group LLC raised its holdings in iShares U.S. Infrastructure ETF by 198.3% during the 4th quarter. Merit Financial Group LLC now owns 75,659 shares of the company’s stock worth $3,502,000 after purchasing an additional 50,296 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in iShares U.S. Infrastructure ETF by 46.1% during the 4th quarter. Atomi Financial Group Inc. now owns 135,903 shares of the company’s stock worth $6,291,000 after purchasing an additional 42,854 shares during the last quarter. Finally, Centaurus Financial Inc. raised its holdings in iShares U.S. Infrastructure ETF by 1,414.9% during the 3rd quarter. Centaurus Financial Inc. now owns 43,372 shares of the company’s stock worth $2,037,000 after purchasing an additional 40,509 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.1 %

iShares U.S. Infrastructure ETF stock opened at $47.28 on Friday. The stock’s 50-day moving average price is $47.75 and its 200 day moving average price is $47.02. The company has a market cap of $2.60 billion, a price-to-earnings 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.