iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Acquired by JB Capital LLC

JB Capital LLC increased its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 257,689 shares of the company’s stock after acquiring an additional 9,802 shares during the period. iShares U.S. Infrastructure ETF makes up about 0.7% of JB Capital LLC’s portfolio, making the stock its 24th largest holding. JB Capital LLC owned 0.47% of iShares U.S. Infrastructure ETF worth $12,104,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IFRA. Zions Bancorporation N.A. acquired a new position in iShares U.S. Infrastructure ETF during the second quarter worth $33,000. ORG Partners LLC purchased a new position in iShares U.S. Infrastructure ETF in the 2nd quarter valued at about $36,000. Deane Retirement Strategies Inc. acquired a new stake in iShares U.S. Infrastructure ETF in the 2nd quarter worth about $52,000. LGT Financial Advisors LLC boosted its holdings in iShares U.S. Infrastructure ETF by 36.6% in the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock worth $55,000 after buying an additional 349 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter worth approximately $65,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA traded up $2.07 during midday trading on Thursday, hitting $49.92. The stock had a trading volume of 234,129 shares. The firm has a market capitalization of $2.74 billion, a P/E ratio of 16.71 and a beta of 0.89. The company’s 50-day simple moving average is $46.54 and its 200 day simple moving average is $44.61.

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.