Opal Wealth Advisors LLC Purchases Shares of 945 iShares U.S. Infrastructure ETF (BATS:IFRA)

Opal Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 945 shares of the company’s stock, valued at approximately $43,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE raised its position in iShares U.S. Infrastructure ETF by 86.2% during the 4th quarter. Bank of America Corp DE now owns 10,016,976 shares of the company’s stock valued at $463,686,000 after purchasing an additional 4,636,315 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares U.S. Infrastructure ETF by 2.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,430,047 shares of the company’s stock valued at $343,937,000 after purchasing an additional 205,081 shares during the last quarter. LPL Financial LLC raised its position in iShares U.S. Infrastructure ETF by 30.9% during the 4th quarter. LPL Financial LLC now owns 2,836,196 shares of the company’s stock valued at $131,287,000 after purchasing an additional 669,413 shares during the last quarter. JPMorgan Chase & Co. raised its position in 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 valued at $74,174,000 after purchasing an additional 80,410 shares during the last quarter. Finally, Wharton Business Group LLC raised its position in iShares U.S. Infrastructure ETF by 3.8% during the 4th quarter. Wharton Business Group LLC now owns 1,559,400 shares of the company’s stock valued at $72,185,000 after purchasing an additional 57,600 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA opened at $48.13 on Monday. iShares U.S. Infrastructure ETF has a one year low of $39.94 and a one year high of $51.99. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 19.68 and a beta of 0.99. The business has a 50 day simple moving average of $46.33 and a two-hundred day simple moving average of $46.75.

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.