WealthTrak Capital Management LLC Makes New Investment in iShares U.S. Infrastructure ETF (BATS:IFRA)

WealthTrak Capital Management LLC purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 3,205 shares of the company’s stock, valued at approximately $148,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC raised its holdings in iShares U.S. Infrastructure ETF by 30.9% in the 4th quarter. LPL Financial LLC now owns 2,836,196 shares of the company’s stock valued at $131,287,000 after buying an additional 669,413 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at approximately $19,464,000. Haven Private LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth approximately $7,407,000. BG Investment Services Inc. purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $4,115,000. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Infrastructure ETF by 5.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,602,381 shares of the company’s stock worth $74,174,000 after purchasing an additional 80,410 shares during the period.

iShares U.S. Infrastructure ETF Stock Down 3.7 %

Shares of BATS IFRA opened at $45.06 on Friday. The business’s 50 day moving average is $46.73 and its two-hundred day moving average is $47.43. iShares U.S. Infrastructure ETF has a 52-week low of $40.93 and a 52-week high of $51.99. The firm has a market cap of $2.17 billion, a price-to-earnings ratio of 19.03 and a beta of 1.05.

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.