VCI Wealth Management LLC Buys Shares of 38,276 iShares U.S. Infrastructure ETF (BATS:IFRA)

VCI Wealth Management LLC bought a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 38,276 shares of the company’s stock, valued at approximately $1,541,000. iShares U.S. Infrastructure ETF makes up 0.9% of VCI Wealth Management LLC’s portfolio, making the stock its 29th largest holding. VCI Wealth Management LLC owned about 0.07% of iShares U.S. Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Criterion Capital Advisors LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $29,000. ORG Partners LLC raised its stake in iShares U.S. Infrastructure ETF by 1,742.6% in the 4th quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock valued at $45,000 after acquiring an additional 1,063 shares during the period. Financial Advocates Investment Management bought a new stake in iShares U.S. Infrastructure ETF in the 3rd quarter valued at $49,000. Aptus Capital Advisors LLC raised its stake in iShares U.S. Infrastructure ETF by 6,707.1% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,906 shares of the company’s stock valued at $70,000 after acquiring an additional 1,878 shares during the period. Finally, Sound Income Strategies LLC raised its stake in iShares U.S. Infrastructure ETF by 410.0% in the 4th quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock valued at $82,000 after acquiring an additional 1,636 shares during the period.

iShares U.S. Infrastructure ETF Trading Up 0.2 %

IFRA traded up $0.07 during trading hours on Thursday, reaching $42.36. The company’s stock had a trading volume of 179,627 shares. The company’s 50 day simple moving average is $41.70 and its 200-day simple moving average is $39.30. The firm has a market cap of $2.31 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89.

About iShares U.S. Infrastructure ETF

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.