Scissortail Wealth Management LLC Raises Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Scissortail Wealth Management LLC grew its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 12.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,963 shares of the company’s stock after purchasing an additional 2,612 shares during the quarter. Scissortail Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $902,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Warner Financial Inc. lifted its stake in iShares U.S. Infrastructure ETF by 0.7% in the fourth quarter. Warner Financial Inc. now owns 38,350 shares of the company’s stock worth $1,544,000 after acquiring an additional 257 shares during the period. Captrust Financial Advisors raised its holdings in iShares U.S. Infrastructure ETF by 1.2% in the fourth quarter. Captrust Financial Advisors now owns 22,884 shares of the company’s stock worth $830,000 after purchasing an additional 271 shares in the last quarter. Atlas Private Wealth Management raised its holdings in iShares U.S. Infrastructure ETF by 1.5% in the fourth quarter. Atlas Private Wealth Management now owns 18,846 shares of the company’s stock worth $759,000 after purchasing an additional 272 shares in the last quarter. Brookstone Capital Management raised its holdings in iShares U.S. Infrastructure ETF by 1.1% in the third quarter. Brookstone Capital Management now owns 27,677 shares of the company’s stock worth $980,000 after purchasing an additional 307 shares in the last quarter. Finally, Strategic Blueprint LLC raised its holdings in iShares U.S. Infrastructure ETF by 0.6% in the fourth quarter. Strategic Blueprint LLC now owns 53,129 shares of the company’s stock worth $2,140,000 after purchasing an additional 314 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Down 1.0 %

iShares U.S. Infrastructure ETF stock traded down $0.41 during trading hours on Tuesday, reaching $41.23. The stock had a trading volume of 173,583 shares. The company has a market capitalization of $2.20 billion, a P/E ratio of 15.08 and a beta of 1.03. The stock has a 50 day moving average of $41.39 and a 200 day moving average of $39.06.

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.