iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 497,530 shares of the company’s stock after acquiring an additional 21,105 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares U.S. Infrastructure ETF were worth $23,031,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in iShares U.S. Infrastructure ETF by 2.4% in the third quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock valued at $71,487,000 after purchasing an additional 36,234 shares during the last quarter. Benjamin Edwards Inc. acquired a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter valued at about $400,000. Watershed Private Wealth LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 1.8% during the 3rd quarter. Watershed Private Wealth LLC now owns 45,434 shares of the company’s stock worth $2,134,000 after acquiring an additional 791 shares during the period. Proquility Private Wealth Partners LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth about $876,000. Finally, Principal Financial Group Inc. boosted its position in shares of iShares U.S. Infrastructure ETF by 31.2% in the third quarter. Principal Financial Group Inc. now owns 120,375 shares of the company’s stock worth $5,654,000 after acquiring an additional 28,600 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 3.5 %

Shares of IFRA stock opened at $48.43 on Friday. The firm has a market capitalization of $2.66 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s 50 day moving average is $48.37 and its 200 day moving average is $46.79.

About iShares U.S. Infrastructure ETF

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.