Marks Group Wealth Management Inc Invests $212,000 in iShares U.S. Infrastructure ETF (BATS:IFRA)

Marks Group Wealth Management Inc acquired a new position in iShares U.S. Infrastructure ETF (BATS:IFRA) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,272 shares of the company’s stock, valued at approximately $212,000.

Other large investors also recently modified their holdings of the company. Sound Income Strategies LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 410.0% during the 4th quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock valued at $82,000 after buying an additional 1,636 shares during the period. Bank Julius Baer & Co. Ltd Zurich increased its holdings in iShares U.S. Infrastructure ETF by 3.1% during the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,983 shares of the company’s stock worth $402,000 after purchasing an additional 333 shares during the last quarter. Sharkey Howes & Javer increased its holdings in iShares U.S. Infrastructure ETF by 8.3% during the 4th quarter. Sharkey Howes & Javer now owns 59,678 shares of the company’s stock worth $2,403,000 after purchasing an additional 4,568 shares during the last quarter. Arete Wealth Advisors LLC increased its holdings in iShares U.S. Infrastructure ETF by 45.3% during the 3rd quarter. Arete Wealth Advisors LLC now owns 10,701 shares of the company’s stock worth $392,000 after purchasing an additional 3,337 shares during the last quarter. Finally, Peoples Bank KS purchased a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $85,000.

iShares U.S. Infrastructure ETF Trading Up 0.9 %

Shares of IFRA opened at $42.33 on Wednesday. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89. The business has a 50 day moving average price of $41.57 and a 200 day moving average price of $39.23.

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.