iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,521,971 shares of the company’s stock after acquiring an additional 36,234 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares U.S. Infrastructure ETF were worth $71,487,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB acquired a new position in iShares U.S. Infrastructure ETF during the third quarter worth $27,000. Zions Bancorporation N.A. purchased a new position in iShares U.S. Infrastructure ETF during the 2nd quarter valued at about $33,000. LGT Financial Advisors LLC raised its position in iShares U.S. Infrastructure ETF by 36.6% during the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock worth $55,000 after acquiring an additional 349 shares during the last quarter. Continuum Advisory LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 41.8% in the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock valued at $60,000 after purchasing an additional 360 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 38.1% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after purchasing an additional 409 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.9 %

IFRA stock opened at $46.62 on Friday. The company has a 50-day moving average of $48.77 and a 200 day moving average of $46.25. The stock has a market cap of $2.56 billion, a price-to-earnings 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.