Fifth Third Securities Inc. Buys 97,132 Shares of iShares U.S. Infrastructure ETF $IFRA

Fifth Third Securities Inc. purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 97,132 shares of the company’s stock, valued at approximately $5,345,000. Fifth Third Securities Inc. owned 0.18% of iShares U.S. Infrastructure ETF at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Diversify Advisory Services LLC raised its holdings in iShares U.S. Infrastructure ETF by 14.5% in the 3rd quarter. Diversify Advisory Services LLC now owns 30,467 shares of the company’s stock valued at $1,724,000 after buying an additional 3,862 shares during the period. Tenet Wealth Partners LLC increased its stake in iShares U.S. Infrastructure ETF by 58.3% during the third quarter. Tenet Wealth Partners LLC now owns 9,139 shares of the company’s stock worth $503,000 after purchasing an additional 3,365 shares during the period. Fortitude Financial LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the third quarter valued at approximately $226,000. Client 1ST Advisory Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 8.8% in the third quarter. Client 1ST Advisory Group LLC now owns 46,276 shares of the company’s stock valued at $2,547,000 after purchasing an additional 3,731 shares in the last quarter. Finally, Narus Financial Partners LLC lifted its holdings in iShares U.S. Infrastructure ETF by 27.1% during the 3rd quarter. Narus Financial Partners LLC now owns 8,747 shares of the company’s stock worth $481,000 after buying an additional 1,864 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.6%

BATS:IFRA traded up $0.36 during midday trading on Wednesday, reaching $56.99. The company had a trading volume of 82,013 shares, compared to its average volume of 371,496. The stock’s fifty day simple moving average is $57.98 and its 200-day simple moving average is $60.03. iShares U.S. Infrastructure ETF has a 12-month low of $50.66 and a 12-month high of $64.25. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98.

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.