Stratos Wealth Partners LTD. Purchases 5,385 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Stratos Wealth Partners LTD. boosted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 79.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,121 shares of the company’s stock after purchasing an additional 5,385 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Infrastructure ETF were worth $561,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of IFRA. Bay Harbor Wealth Management LLC grew its position in iShares U.S. Infrastructure ETF by 4.3% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 25,993 shares of the company’s stock valued at $1,203,000 after purchasing an additional 1,065 shares during the last quarter. Mather Group LLC. lifted its stake in shares of iShares U.S. Infrastructure ETF by 8.1% in the 4th quarter. Mather Group LLC. now owns 4,786 shares of the company’s stock worth $222,000 after purchasing an additional 358 shares during the period. Vantage Point Financial LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth $306,000. One Wealth Advisors LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 1.4% in the fourth quarter. One Wealth Advisors LLC now owns 45,710 shares of the company’s stock worth $2,116,000 after buying an additional 621 shares during the period. Finally, Panoramic Investment Advisors LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 27.3% during the 4th quarter. Panoramic Investment Advisors LLC now owns 14,279 shares of the company’s stock valued at $661,000 after buying an additional 3,065 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 2.3 %

Shares of BATS IFRA opened at $47.86 on Wednesday. The stock has a 50-day moving average price of $47.54 and a two-hundred day moving average price of $47.10. The stock has a market capitalization of $2.63 billion, a PE ratio of 16.71 and a beta of 0.89.

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.