iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lowered its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,056 shares of the company’s stock after selling 1,852 shares during the quarter. Blue Trust Inc. owned about 0.10% of iShares U.S. Infrastructure ETF worth $2,680,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of iShares U.S. Infrastructure ETF during the 1st quarter valued at $69,000. Banque Cantonale Vaudoise acquired a new position in iShares U.S. Infrastructure ETF during the first quarter worth about $87,000. Lane & Associates LLC raised its position in iShares U.S. Infrastructure ETF by 17.4% in the first quarter. Lane & Associates LLC now owns 8,971 shares of the company’s stock worth $389,000 after acquiring an additional 1,328 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in iShares U.S. Infrastructure ETF by 358.4% in the 1st quarter. AdvisorNet Financial Inc now owns 91,640 shares of the company’s stock valued at $3,974,000 after acquiring an additional 71,647 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 36.7% during the 1st quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock valued at $121,000 after purchasing an additional 746 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of IFRA opened at $48.12 on Friday. The stock has a 50-day simple moving average of $45.69 and a 200 day simple moving average of $44.10. The firm has a market cap of $2.64 billion, a PE ratio of 16.71 and a beta of 0.89.

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.