Commonwealth Equity Services LLC decreased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 389,806 shares of the company’s stock after selling 22,044 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.71% of iShares U.S. Infrastructure ETF worth $18,044,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of IFRA. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth $27,000. Continuum Advisory LLC increased its stake in iShares U.S. Infrastructure ETF by 41.8% during the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $105,000. Cedar Wealth Management LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 8.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after purchasing an additional 200 shares during the period. Finally, MCF Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at about $140,000.
iShares U.S. Infrastructure ETF Stock Performance
IFRA opened at $46.18 on Tuesday. The company has a market cap of $2.37 billion, a PE ratio of 19.01 and a beta of 1.05. iShares U.S. Infrastructure ETF has a 1 year low of $40.93 and a 1 year high of $51.99. The firm has a 50 day moving average price of $46.87 and a 200 day moving average price of $47.40.
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.
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