West Wealth Group LLC Boosts Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

West Wealth Group LLC lifted its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,937 shares of the company’s stock after purchasing an additional 4,124 shares during the quarter. iShares U.S. Infrastructure ETF accounts for about 1.0% of West Wealth Group LLC’s investment portfolio, making the stock its 18th biggest holding. West Wealth Group LLC owned 0.14% of iShares U.S. Infrastructure ETF worth $3,469,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its position in shares of iShares U.S. Infrastructure ETF by 11.8% during the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after purchasing an additional 227,962 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares U.S. Infrastructure ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock valued at $71,487,000 after buying an additional 36,234 shares during the last quarter. Wharton Business Group LLC raised its position in iShares U.S. Infrastructure ETF by 37.5% in the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after acquiring an additional 409,880 shares during the period. CWM LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 1.5% during the 3rd quarter. CWM LLC now owns 880,524 shares of the company’s stock worth $41,358,000 after acquiring an additional 13,426 shares during the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of iShares U.S. Infrastructure ETF by 4.4% during the 4th quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock valued at $33,346,000 after acquiring an additional 30,576 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

BATS:IFRA opened at $48.43 on Monday. The business has a 50 day moving average of $48.37 and a two-hundred day moving average of $46.86. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 16.71 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.