iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Acquired by Ehrlich Financial Group

Ehrlich Financial Group increased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 9.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,339 shares of the company’s stock after purchasing an additional 702 shares during the quarter. Ehrlich Financial Group’s holdings in iShares U.S. Infrastructure ETF were worth $386,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of 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 in the last quarter. Zions Bancorporation N.A. purchased a new position in iShares U.S. Infrastructure ETF in the second quarter valued at approximately $33,000. Benjamin Edwards Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $400,000. Watershed Private Wealth LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 1.8% in the 3rd quarter. Watershed Private Wealth LLC now owns 45,434 shares of the company’s stock valued at $2,134,000 after buying an additional 791 shares in the last quarter. Finally, Proquility Private Wealth Partners LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at $876,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA traded down $0.60 on Monday, reaching $45.32. The company had a trading volume of 236,071 shares. The company has a market cap of $2.49 billion, a PE ratio of 16.71 and a beta of 0.89. The stock’s 50-day simple moving average is $48.68 and its 200-day simple moving average is $46.44.

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.