Apeiron RIA LLC Boosts Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Apeiron RIA LLC increased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 24.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,726 shares of the company’s stock after acquiring an additional 6,619 shares during the quarter. Apeiron RIA LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,561,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IFRA. LPL Financial LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 11.8% in the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after acquiring an additional 227,962 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares U.S. Infrastructure ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock worth $71,487,000 after purchasing an additional 36,234 shares during the last quarter. Wharton Business Group LLC raised its stake in iShares U.S. Infrastructure ETF by 37.5% during the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after purchasing an additional 409,880 shares during the period. CWM LLC boosted its holdings in iShares U.S. Infrastructure ETF by 1.5% in the 3rd quarter. CWM LLC now owns 880,524 shares of the company’s stock valued at $41,358,000 after purchasing an additional 13,426 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in iShares U.S. Infrastructure ETF by 4.4% in the 4th quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock valued at $33,346,000 after purchasing an additional 30,576 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 3.6 %

IFRA stock opened at $48.46 on Friday. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The firm’s 50 day moving average price is $48.39 and its 200 day moving average price is $46.74.

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.