49,590 Shares of iShares U.S. Infrastructure ETF $IFRA Purchased by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC bought a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 49,590 shares of the company’s stock, valued at approximately $2,729,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IFRA. Washington Trust Advisors Inc. acquired a new position in iShares U.S. Infrastructure ETF in the 2nd quarter worth about $27,000. NBT Bank N A NY boosted its position in iShares U.S. Infrastructure ETF by 1,098.1% during the first quarter. NBT Bank N A NY now owns 635 shares of the company’s stock worth $36,000 after purchasing an additional 582 shares in the last quarter. Signature Equity Partners LLC increased its position in shares of iShares U.S. Infrastructure ETF by 74.6% in the first quarter. Signature Equity Partners LLC now owns 688 shares of the company’s stock valued at $39,000 after buying an additional 294 shares in the last quarter. North Star Investment Management Corp. increased its position in shares of iShares U.S. Infrastructure ETF by 70.6% in the first quarter. North Star Investment Management Corp. now owns 708 shares of the company’s stock valued at $40,000 after buying an additional 293 shares in the last quarter. Finally, American National Bank & Trust acquired a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $43,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA opened at $56.87 on Tuesday. iShares U.S. Infrastructure ETF has a 1 year low of $50.66 and a 1 year high of $64.25. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The business’s 50 day moving average price is $57.65 and its 200-day moving average price is $59.27.

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.