Global Retirement Partners LLC increased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 27.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,915 shares of the company’s stock after buying an additional 1,900 shares during the period. Global Retirement Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $413,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. LPL Financial LLC boosted its stake in iShares U.S. Infrastructure ETF by 11.8% in the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after acquiring an additional 227,962 shares during the period. JPMorgan Chase & Co. grew its stake 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 buying an additional 36,234 shares during the last quarter. Wharton Business Group LLC increased 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 buying an additional 409,880 shares during the period. Park Avenue Securities LLC lifted its stake in iShares U.S. Infrastructure ETF by 4.4% in the fourth quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock valued at $33,346,000 after buying an additional 30,576 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 3.8% during the third quarter. MML Investors Services LLC now owns 630,423 shares of the company’s stock valued at $29,611,000 after acquiring an additional 23,053 shares during the period.
iShares U.S. Infrastructure ETF Stock Down 0.1 %
iShares U.S. Infrastructure ETF stock opened at $46.74 on Monday. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business’s 50 day moving average price is $47.17 and its 200-day moving average price is $47.25.
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.
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