Clear Creek Financial Management LLC Boosts Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Clear Creek Financial Management LLC grew its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 569.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 38,299 shares of the company’s stock after purchasing an additional 32,580 shares during the period. Clear Creek Financial Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,773,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in iShares U.S. Infrastructure ETF by 2.4% during the third 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 during the last quarter. Benjamin Edwards Inc. acquired a new position in iShares U.S. Infrastructure ETF during the third quarter worth approximately $400,000. Jane Street Group LLC acquired a new position in iShares U.S. Infrastructure ETF during the third quarter worth approximately $224,000. Watershed Private Wealth LLC lifted its stake in iShares U.S. Infrastructure ETF by 1.8% in the third quarter. Watershed Private Wealth LLC now owns 45,434 shares of the company’s stock valued at $2,134,000 after buying an additional 791 shares during the last quarter. Finally, Proquility Private Wealth Partners LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter valued at approximately $876,000.

iShares U.S. Infrastructure ETF Stock Up 1.4 %

Shares of iShares U.S. Infrastructure ETF stock opened at $47.43 on Friday. The firm has a 50 day simple moving average of $48.08 and a two-hundred day simple moving average of $46.95. The firm has a market cap of $2.61 billion, a PE ratio of 16.71 and a beta of 0.89.

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.