Schmidt P J Investment Management Inc. Has $253,000 Stock Holdings in iShares U.S. Infrastructure ETF $IFRA

Schmidt P J Investment Management Inc. raised its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,135 shares of the company’s stock after buying an additional 207 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $253,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Wharton Business Group LLC increased its stake in iShares U.S. Infrastructure ETF by 6.3% in the 1st quarter. Wharton Business Group LLC now owns 1,656,875 shares of the company’s stock valued at $74,675,000 after buying an additional 97,475 shares during the period. Compound Planning Inc. increased its stake in iShares U.S. Infrastructure ETF by 66.9% in the 1st quarter. Compound Planning Inc. now owns 226,838 shares of the company’s stock valued at $10,224,000 after buying an additional 90,935 shares during the period. Haven Private LLC increased its stake in iShares U.S. Infrastructure ETF by 1.6% in the 1st quarter. Haven Private LLC now owns 162,657 shares of the company’s stock valued at $7,331,000 after buying an additional 2,636 shares during the period. Elios Financial Group Inc. increased its stake in iShares U.S. Infrastructure ETF by 0.3% in the 1st quarter. Elios Financial Group Inc. now owns 134,143 shares of the company’s stock valued at $6,046,000 after buying an additional 348 shares during the period. Finally, Sumitomo Life Insurance Co. increased its stake in iShares U.S. Infrastructure ETF by 1,527.6% in the 1st quarter. Sumitomo Life Insurance Co. now owns 123,700 shares of the company’s stock valued at $5,575,000 after buying an additional 116,100 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

iShares U.S. Infrastructure ETF stock opened at $54.04 on Tuesday. The firm has a market cap of $2.91 billion, a PE ratio of 19.30 and a beta of 0.98. The firm’s 50 day moving average price is $52.40 and its two-hundred day moving average price is $49.77. iShares U.S. Infrastructure ETF has a twelve month low of $39.94 and a twelve month high of $51.99.

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.