Keeler & Nadler Financial Planning & Wealth Management Buys 11,424 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Keeler & Nadler Financial Planning & Wealth Management increased its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 82,922 shares of the company’s stock after purchasing an additional 11,424 shares during the period. iShares U.S. Infrastructure ETF comprises 1.8% of Keeler & Nadler Financial Planning & Wealth Management’s investment portfolio, making the stock its 16th largest position. Keeler & Nadler Financial Planning & Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $3,838,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in iShares U.S. Infrastructure ETF by 11.8% during the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after purchasing an additional 227,962 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 acquiring an additional 36,234 shares during the period. Wharton Business Group LLC increased its holdings 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 valued at $70,540,000 after buying an additional 409,880 shares during the last quarter. CWM LLC increased its position in iShares U.S. Infrastructure ETF by 1.5% in the third quarter. CWM LLC now owns 880,524 shares of the company’s stock worth $41,358,000 after buying an additional 13,426 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its position 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 worth $33,346,000 after purchasing an additional 30,576 shares during the period.

iShares U.S. Infrastructure ETF Stock Up 1.3 %

Shares of IFRA stock opened at $47.39 on Thursday. The company’s 50 day moving average price is $48.54 and its two-hundred day moving average price is $46.49. The company has a market cap of $2.60 billion, a P/E ratio of 16.71 and a beta of 0.89.

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.