Forthright Family Wealth Advisory LLC Lowers Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Forthright Family Wealth Advisory LLC cut its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 7.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,093 shares of the company’s stock after selling 2,180 shares during the period. iShares U.S. Infrastructure ETF comprises 0.8% of Forthright Family Wealth Advisory LLC’s holdings, making the stock its 24th largest holding. Forthright Family Wealth Advisory LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,362,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Wharton Business Group LLC increased its stake 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 valued at $70,540,000 after purchasing an additional 409,880 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF during the second quarter worth about $12,791,000. Kestra Investment Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the second quarter valued at about $11,516,000. LPL Financial LLC increased its position in shares of iShares U.S. Infrastructure ETF by 11.8% during the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after acquiring an additional 227,962 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock valued at $291,197,000 after purchasing an additional 209,698 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.9 %

BATS:IFRA traded down $0.46 during mid-day trading on Friday, hitting $49.08. 187,785 shares of the company’s stock traded hands. The stock has a market capitalization of $2.70 billion, a P/E ratio of 16.71 and a beta of 0.89. The business has a 50-day simple moving average of $48.94 and a 200 day simple moving average of $45.84.

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.