Atomi Financial Group Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 46.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 135,903 shares of the company’s stock after purchasing an additional 42,854 shares during the period. Atomi Financial Group Inc. owned about 0.25% of iShares U.S. Infrastructure ETF worth $6,291,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of the business. Wharton Business Group LLC boosted its stake in iShares U.S. Infrastructure ETF by 37.5% in the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after acquiring an additional 409,880 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth approximately $12,791,000. Kestra Investment Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the second quarter valued at $11,516,000. LPL Financial LLC raised its position in iShares U.S. Infrastructure ETF by 11.8% during the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after acquiring an additional 227,962 shares during the last quarter. Finally, Creative Planning lifted its stake in iShares U.S. Infrastructure ETF by 21.2% in the 2nd quarter. Creative Planning now owns 375,368 shares of the company’s stock valued at $15,810,000 after buying an additional 65,544 shares in the last quarter.
iShares U.S. Infrastructure ETF Trading Up 3.6 %
iShares U.S. Infrastructure ETF stock opened at $48.44 on Tuesday. The stock has a market cap of $2.66 billion, a PE ratio of 16.71 and a beta of 0.89. The stock’s 50 day moving average is $48.44 and its 200-day moving average is $46.66.
iShares U.S. Infrastructure ETF 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.
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