Sage Private Wealth Group LLC Purchases 142,855 Shares of iShares U.S. Infrastructure ETF $IFRA

Sage Private Wealth Group LLC purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 142,855 shares of the company’s stock, valued at approximately $7,861,000. iShares U.S. Infrastructure ETF makes up 2.6% of Sage Private Wealth Group LLC’s portfolio, making the stock its 14th largest holding. Sage Private Wealth Group LLC owned 0.27% of iShares U.S. Infrastructure ETF at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Cetera Investment Advisers raised its holdings in iShares U.S. Infrastructure ETF by 52.6% in the 1st quarter. Cetera Investment Advisers now owns 1,076,201 shares of the company’s stock worth $61,559,000 after purchasing an additional 371,039 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of iShares U.S. Infrastructure ETF by 0.6% during the first quarter. Hsbc Holdings PLC now owns 758,522 shares of the company’s stock valued at $43,387,000 after buying an additional 4,617 shares during the period. PNC Financial Services Group Inc. increased its position in shares of iShares U.S. Infrastructure ETF by 5.6% during the first quarter. PNC Financial Services Group Inc. now owns 391,663 shares of the company’s stock valued at $22,403,000 after buying an additional 20,822 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares U.S. Infrastructure ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 329,900 shares of the company’s stock valued at $20,797,000 after buying an additional 17,288 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its stake in iShares U.S. Infrastructure ETF by 13.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 205,700 shares of the company’s stock worth $12,967,000 after buying an additional 24,899 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $57.00 on Thursday. iShares U.S. Infrastructure ETF has a 1 year low of $50.66 and a 1 year high of $64.25. The company has a market cap of $3.07 billion, a P/E ratio of 19.30 and a beta of 0.98. The firm has a 50-day moving average of $57.89 and a 200 day moving average of $60.03.

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.