iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Bought by Austin Private Wealth LLC

Austin Private Wealth LLC grew its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 21.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 92,885 shares of the company’s stock after acquiring an additional 16,156 shares during the period. Austin Private Wealth LLC’s holdings in iShares U.S. Infrastructure ETF were worth $3,740,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Morgan Stanley boosted its position in shares of iShares U.S. Infrastructure ETF by 22.9% in the third quarter. Morgan Stanley now owns 1,505,136 shares of the company’s stock worth $55,073,000 after buying an additional 280,880 shares during the period. BlackRock Inc. boosted its position in shares of iShares U.S. Infrastructure ETF by 1.9% in the second quarter. BlackRock Inc. now owns 1,232,671 shares of the company’s stock worth $48,173,000 after buying an additional 22,605 shares during the period. Wharton Business Group LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 196.1% in the third quarter. Wharton Business Group LLC now owns 1,068,950 shares of the company’s stock worth $39,113,000 after buying an additional 707,935 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Infrastructure ETF by 10.9% in the third quarter. JPMorgan Chase & Co. now owns 1,009,888 shares of the company’s stock worth $36,959,000 after buying an additional 99,150 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter worth about $33,812,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA opened at $43.36 on Friday. The stock has a fifty day moving average of $40.37 and a 200-day moving average of $38.60. The stock has a market capitalization of $2.31 billion, a P/E ratio of 15.08 and a beta of 1.03.

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.