RFG Advisory LLC Increases Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

RFG Advisory LLC increased its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,031 shares of the company’s stock after acquiring an additional 603 shares during the quarter. RFG Advisory LLC’s holdings in iShares U.S. Infrastructure ETF were worth $742,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares U.S. Infrastructure ETF in the third quarter valued at approximately $27,000. Continuum Advisory LLC grew its stake in iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after buying an additional 360 shares during the last quarter. Gilliland Jeter Wealth Management LLC increased its position in 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 buying an additional 409 shares during the period. Financial Advocates Investment Management purchased a new stake in iShares U.S. Infrastructure ETF in the third quarter valued at approximately $102,000. Finally, Cedar Wealth Management LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after acquiring an additional 200 shares during the period.

iShares U.S. Infrastructure ETF Trading Up 3.5 %

Shares of IFRA opened at $48.43 on Monday. The business’s 50-day simple moving average is $48.37 and its 200 day simple moving average is $46.86. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.

About iShares U.S. Infrastructure ETF

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.