iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Acquired by Assetmark Inc.

Assetmark Inc. grew its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 19.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,948 shares of the company’s stock after acquiring an additional 3,140 shares during the quarter. Assetmark Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pettinga Financial Advisors LLC grew its position in iShares U.S. Infrastructure ETF by 0.4% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 94,103 shares of the company’s stock worth $4,420,000 after purchasing an additional 365 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF by 31.2% during the third quarter. Principal Financial Group Inc. now owns 120,375 shares of the company’s stock valued at $5,654,000 after buying an additional 28,600 shares during the last quarter. Atria Investments Inc increased its position in shares of iShares U.S. Infrastructure ETF by 1.6% in the 3rd quarter. Atria Investments Inc now owns 110,432 shares of the company’s stock valued at $5,187,000 after acquiring an additional 1,720 shares during the period. Apollon Wealth Management LLC raised its stake in iShares U.S. Infrastructure ETF by 5.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 20,851 shares of the company’s stock worth $979,000 after acquiring an additional 1,070 shares during the last quarter. Finally, Harbour Investments Inc. lifted its position in iShares U.S. Infrastructure ETF by 16.4% during the 3rd quarter. Harbour Investments Inc. now owns 26,481 shares of the company’s stock worth $1,244,000 after acquiring an additional 3,735 shares during the period.

iShares U.S. Infrastructure ETF Trading Down 3.7 %

iShares U.S. Infrastructure ETF stock opened at $45.03 on Wednesday. The company’s fifty day moving average price is $46.97 and its 200-day moving average price is $47.40. The stock has a market cap of $2.31 billion, a P/E ratio of 19.01 and a beta of 1.05.

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.