Forthright Family Wealth Advisory LLC Has $2.52 Million Stock Holdings in iShares U.S. Infrastructure ETF $IFRA

Forthright Family Wealth Advisory LLC grew its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 65.0% during the third quarter, Holdings Channel.com reports. The firm owned 47,644 shares of the company’s stock after acquiring an additional 18,763 shares during the quarter. iShares U.S. Infrastructure ETF accounts for about 1.5% of Forthright Family Wealth Advisory LLC’s portfolio, making the stock its 21st biggest position. Forthright Family Wealth Advisory LLC’s holdings in iShares U.S. Infrastructure ETF were worth $2,517,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IFRA. Thrivent Financial for Lutherans increased its holdings in iShares U.S. Infrastructure ETF by 62.7% during the third quarter. Thrivent Financial for Lutherans now owns 104,891 shares of the company’s stock worth $5,540,000 after buying an additional 40,410 shares during the last quarter. Hoge Financial Services LLC grew its position in shares of iShares U.S. Infrastructure ETF by 12.7% in the 3rd quarter. Hoge Financial Services LLC now owns 39,117 shares of the company’s stock valued at $2,066,000 after acquiring an additional 4,417 shares during the period. Arrien Investments Inc. increased its stake in shares of iShares U.S. Infrastructure ETF by 0.8% during the 3rd quarter. Arrien Investments Inc. now owns 34,650 shares of the company’s stock worth $1,830,000 after purchasing an additional 277 shares during the last quarter. Activest Wealth Management bought a new stake in iShares U.S. Infrastructure ETF in the 3rd quarter valued at $34,000. Finally, Pines Wealth Management LLC lifted its holdings in iShares U.S. Infrastructure ETF by 4.9% during the 3rd quarter. Pines Wealth Management LLC now owns 9,440 shares of the company’s stock valued at $499,000 after purchasing an additional 443 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $56.03 on Friday. iShares U.S. Infrastructure ETF has a one year low of $39.94 and a one year high of $51.99. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The company has a fifty day moving average price of $54.11 and a two-hundred day moving average price of $52.74.

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.