JB Capital LLC Sells 6,606 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

JB Capital LLC lowered its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 251,083 shares of the company’s stock after selling 6,606 shares during the quarter. iShares U.S. Infrastructure ETF comprises approximately 0.7% of JB Capital LLC’s investment portfolio, making the stock its 27th biggest holding. JB Capital LLC owned 0.46% of iShares U.S. Infrastructure ETF worth $11,623,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in iShares U.S. Infrastructure ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock worth $71,487,000 after acquiring an additional 36,234 shares during the last quarter. Benjamin Edwards Inc. bought a new position in shares of iShares U.S. Infrastructure ETF in the third quarter valued at about $400,000. Jane Street Group LLC bought a new position in iShares U.S. Infrastructure ETF in the 3rd quarter valued at about $224,000. Watershed Private Wealth LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 1.8% during the third quarter. Watershed Private Wealth LLC now owns 45,434 shares of the company’s stock worth $2,134,000 after purchasing an additional 791 shares during the period. Finally, Proquility Private Wealth Partners LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the third quarter worth $876,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA opened at $47.43 on Monday. The firm has a fifty day moving average of $48.08 and a two-hundred day moving average of $46.98. The firm has a market cap of $2.61 billion, a PE ratio of 16.71 and a beta of 0.89.

iShares U.S. Infrastructure ETF Company 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.