Raymond James Financial Inc. purchased a new stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 420,482 shares of the company’s stock, valued at approximately $19,464,000.
Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock valued at $71,487,000 after buying an additional 36,234 shares during the period. Stratos Wealth Partners LTD. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 79.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 12,121 shares of the company’s stock valued at $561,000 after buying an additional 5,385 shares during the period. Allworth Financial LP lifted its holdings in shares of iShares U.S. Infrastructure ETF by 3.3% in the 4th quarter. Allworth Financial LP now owns 9,179 shares of the company’s stock valued at $445,000 after buying an additional 289 shares during the period. Benjamin Edwards Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at approximately $400,000. Finally, Jane Street Group LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at approximately $224,000.
iShares U.S. Infrastructure ETF Stock Down 1.8 %
IFRA opened at $45.92 on Monday. The company has a 50 day simple moving average of $46.88 and a 200 day simple moving average of $47.39. The firm has a market cap of $2.36 billion, a PE ratio of 19.01 and a beta of 1.05.
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.
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Want to see what other hedge funds are holding IFRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report).
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