Cetera Advisors LLC increased its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 5.1% during the second quarter, Holdings Channel reports. The fund owned 57,397 shares of the company’s stock after acquiring an additional 2,804 shares during the quarter. Cetera Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $2,243,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of iShares U.S. Infrastructure ETF by 98,060.2% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,650,379 shares of the company’s stock worth $416,217,000 after acquiring an additional 10,639,529 shares during the period. Pictet Asset Management SA raised its stake in iShares U.S. Infrastructure ETF by 137.1% during the first quarter. Pictet Asset Management SA now owns 1,161,050 shares of the company’s stock worth $43,330,000 after purchasing an additional 671,292 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Infrastructure ETF by 2,936,431.8% in the 4th quarter. JPMorgan Chase & Co. now owns 646,037 shares of the company’s stock valued at $23,425,000 after purchasing an additional 646,015 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at $15,121,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Infrastructure ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,514,772 shares of the company’s stock worth $293,677,000 after buying an additional 307,743 shares during the last quarter.
iShares U.S. Infrastructure ETF Stock Up 0.8 %
Shares of IFRA opened at $37.46 on Friday. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 15.08 and a beta of 1.03. The business has a fifty day moving average price of $36.46 and a two-hundred day moving average price of $37.73.
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.
- Five stocks we like better than iShares U.S. Infrastructure ETF
- Comparing and Trading High PE Ratio Stocks
- S&P 500’s Whirlwind: Big gains, warning whispers & tactical moves
- 3 Monster Growth Stocks to Buy Now
- MarketBeat Week in Review – 11/13 – 11/17
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- 3 large caps with red hot RSIs with upside
Receive News & Ratings for iShares U.S. Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.