Shira Ridge Wealth Management Raises Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Shira Ridge Wealth Management lifted its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.8% in the 2nd quarter, Holdings Channel reports. The firm owned 108,788 shares of the company’s stock after acquiring an additional 2,978 shares during the period. iShares U.S. Infrastructure ETF accounts for 2.7% of Shira Ridge Wealth Management’s portfolio, making the stock its 11th biggest holding. Shira Ridge Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $4,251,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Pictet Asset Management SA boosted its holdings in iShares U.S. Infrastructure ETF by 137.1% in the first quarter. Pictet Asset Management SA now owns 1,161,050 shares of the company’s stock worth $43,330,000 after purchasing an additional 671,292 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares U.S. Infrastructure ETF by 2,936,431.8% in the 4th quarter. JPMorgan Chase & Co. now owns 646,037 shares of the company’s stock worth $23,425,000 after buying an additional 646,015 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF by 111.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 465,449 shares of the company’s stock worth $16,877,000 after acquiring an additional 245,570 shares during the period. Mariner LLC increased its position in iShares U.S. Infrastructure ETF by 57.7% during the fourth quarter. Mariner LLC now owns 524,560 shares of the company’s stock valued at $19,021,000 after acquiring an additional 192,024 shares during the last quarter. Finally, American Trust bought a new position in iShares U.S. Infrastructure ETF in the fourth quarter valued at about $6,481,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA opened at $38.38 on Tuesday. The stock has a 50-day moving average price of $39.18 and a 200-day moving average price of $37.98. The stock has a market capitalization of $2.05 billion, a PE ratio of 15.08 and a beta of 1.03.

iShares U.S. Infrastructure ETF Company 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.