Swmg LLC boosted its position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 51.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,468 shares of the company’s stock after purchasing an additional 12,663 shares during the period. iShares U.S. Infrastructure ETF comprises approximately 0.7% of Swmg LLC’s holdings, making the stock its 25th largest position. Swmg LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,815,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in IFRA. LPL Financial LLC lifted its holdings 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 valued at $101,774,000 after buying an additional 227,962 shares during the period. 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 purchasing an additional 36,234 shares in the last quarter. Wharton Business Group LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 37.5% during the 3rd 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 increased its holdings in shares of 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 in the last quarter. Finally, Park Avenue Securities LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 4.4% in the fourth 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 period.
iShares U.S. Infrastructure ETF Stock Up 1.4 %
Shares of IFRA opened at $47.43 on Friday. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business’s fifty day moving average is $48.08 and its 200-day moving average is $46.95.
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.
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