U.S. Capital Wealth Advisors LLC Buys 2,239 Shares of iShares U.S. Infrastructure ETF $IFRA

U.S. Capital Wealth Advisors LLC lifted its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,868 shares of the company’s stock after buying an additional 2,239 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $2,207,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. UMB Bank n.a. acquired a new position in iShares U.S. Infrastructure ETF during the second quarter worth $29,000. Pines Wealth Management LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 7.7% in the 2nd quarter. Pines Wealth Management LLC now owns 8,997 shares of the company’s stock worth $455,000 after purchasing an additional 646 shares during the last quarter. Everpar Advisors LLC increased its position in shares of iShares U.S. Infrastructure ETF by 34.8% during the 2nd quarter. Everpar Advisors LLC now owns 7,859 shares of the company’s stock worth $387,000 after purchasing an additional 2,031 shares in the last quarter. Elevation Wealth Partners LLC bought a new position in iShares U.S. Infrastructure ETF during the 2nd quarter valued at about $52,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares U.S. Infrastructure ETF during the 2nd quarter valued at about $52,000.

iShares U.S. Infrastructure ETF Trading Up 11.6%

Shares of iShares U.S. Infrastructure ETF stock opened at $52.18 on Wednesday. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 1-year low of $39.94 and a 1-year high of $51.99. The firm’s 50-day moving average price is $51.42 and its two-hundred day moving average price is $48.32.

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.