Elm3 Financial Group LLC Purchases New Stake in iShares U.S. Infrastructure ETF $IFRA

Elm3 Financial Group LLC purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,279 shares of the company’s stock, valued at approximately $909,000.

A number of other institutional investors have also recently modified their holdings of the business. Capital Investment Advisory Services LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 1,021.4% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,155 shares of the company’s stock valued at $61,000 after buying an additional 1,052 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the fourth quarter worth $169,000. Sound Income Strategies LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 182.5% in the fourth quarter. Sound Income Strategies LLC now owns 1,240 shares of the company’s stock worth $70,000 after acquiring an additional 801 shares during the last quarter. Sovran Advisors LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 1.3% in the fourth quarter. Sovran Advisors LLC now owns 16,666 shares of the company’s stock worth $943,000 after acquiring an additional 211 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in iShares U.S. Infrastructure ETF by 312.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 52,353 shares of the company’s stock valued at $2,755,000 after purchasing an additional 39,669 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.0%

iShares U.S. Infrastructure ETF stock opened at $59.77 on Friday. The firm has a market capitalization of $3.22 billion, a P/E ratio of 19.30 and a beta of 0.98. The stock has a fifty day moving average price of $58.41 and a 200 day moving average price of $55.13. iShares U.S. Infrastructure ETF has a 52 week low of $41.65 and a 52 week high of $60.87.

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.