Keystone Financial Services Has $2.07 Million Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Keystone Financial Services raised its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,778 shares of the company’s stock after buying an additional 488 shares during the period. iShares U.S. Infrastructure ETF comprises 0.8% of Keystone Financial Services’ portfolio, making the stock its 17th biggest position. Keystone Financial Services owned about 0.08% of iShares U.S. Infrastructure ETF worth $2,073,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its position in iShares U.S. Infrastructure ETF by 11.8% in 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 position in iShares U.S. Infrastructure ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock worth $71,487,000 after buying an additional 36,234 shares in the last quarter. Wharton Business Group LLC grew its holdings in iShares U.S. Infrastructure ETF by 37.5% during the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after acquiring an additional 409,880 shares during the last quarter. Park Avenue Securities LLC increased its position in iShares U.S. Infrastructure ETF by 4.4% in the 4th quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock valued at $33,346,000 after acquiring an additional 30,576 shares in the last quarter. Finally, MML Investors Services LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 3.8% in the third quarter. MML Investors Services LLC now owns 630,423 shares of the company’s stock worth $29,611,000 after acquiring an additional 23,053 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.6 %

Shares of iShares U.S. Infrastructure ETF stock opened at $47.54 on Monday. The firm has a fifty day moving average of $47.35 and a 200 day moving average of $47.13. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.

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.