Equita Financial Network Inc. Takes Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Equita Financial Network Inc. bought a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,199 shares of the company’s stock, valued at approximately $244,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blair William & Co. IL grew its position in iShares U.S. Infrastructure ETF by 27.2% during the first quarter. Blair William & Co. IL now owns 5,774 shares of the company’s stock valued at $250,000 after buying an additional 1,233 shares during the period. CreativeOne Wealth LLC grew its position in iShares U.S. Infrastructure ETF by 41.5% during the first quarter. CreativeOne Wealth LLC now owns 69,001 shares of the company’s stock valued at $2,992,000 after buying an additional 20,244 shares during the period. Ascent Group LLC grew its position in iShares U.S. Infrastructure ETF by 6.7% during the first quarter. Ascent Group LLC now owns 26,378 shares of the company’s stock valued at $1,144,000 after buying an additional 1,666 shares during the period. Icon Wealth Advisors LLC boosted its position in iShares U.S. Infrastructure ETF by 3.4% during the first quarter. Icon Wealth Advisors LLC now owns 69,522 shares of the company’s stock worth $3,014,000 after purchasing an additional 2,311 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its position in iShares U.S. Infrastructure ETF by 29.6% during the first quarter. B. Riley Wealth Advisors Inc. now owns 54,265 shares of the company’s stock worth $2,353,000 after purchasing an additional 12,381 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA opened at $49.75 on Tuesday. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s fifty day simple moving average is $47.35 and its 200-day simple moving average is $45.04.

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.