iShares U.S. Infrastructure ETF (BATS:IFRA) Position Lifted by Warner Financial Inc.

Warner Financial Inc. increased its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,934 shares of the company’s stock after purchasing an additional 1,060 shares during the period. iShares U.S. Infrastructure ETF accounts for about 0.8% of Warner Financial Inc.’s investment portfolio, making the stock its 29th biggest holding. Warner Financial Inc. owned about 0.07% of iShares U.S. Infrastructure ETF worth $1,756,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth approximately $27,000. Continuum Advisory LLC lifted its stake in iShares U.S. Infrastructure ETF by 41.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares in the last quarter. Gilliland Jeter Wealth Management LLC lifted its position in iShares U.S. Infrastructure ETF by 38.1% in the 3rd 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 in the last quarter. Financial Advocates Investment Management purchased a new position in iShares U.S. Infrastructure ETF in the third quarter valued at about $102,000. Finally, Cedar Wealth Management LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 8.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after purchasing an additional 200 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $47.42 on Tuesday. The company has a market capitalization of $2.61 billion, a PE ratio of 16.71 and a beta of 0.89. The company’s 50-day moving average price is $48.33 and its 200-day moving average price is $46.89.

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.