Western Wealth Management LLC Has $1.30 Million Holdings in iShares U.S. Infrastructure ETF $IFRA

Western Wealth Management LLC boosted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 182.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,654 shares of the company’s stock after buying an additional 15,919 shares during the period. Western Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,302,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in iShares U.S. Infrastructure ETF in the third quarter valued at about $500,000. Atlantic Union Bankshares Corp acquired a new position in iShares U.S. Infrastructure ETF during the second quarter worth about $83,000. Centaurus Financial Inc. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 162.2% in the second quarter. Centaurus Financial Inc. now owns 26,770 shares of the company’s stock worth $1,317,000 after acquiring an additional 16,559 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at approximately $253,000. Finally, Citizens Financial Group Inc. RI boosted its stake in shares of iShares U.S. Infrastructure ETF by 15.5% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 7,312 shares of the company’s stock valued at $360,000 after purchasing an additional 981 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $59.36 on Wednesday. The company has a 50 day simple moving average of $54.82 and a 200 day simple moving average of $53.10. The stock has a market cap of $3.19 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 $59.58.

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.