iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Shira Ridge Wealth Management

Shira Ridge Wealth Management trimmed its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 76.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,465 shares of the company’s stock after selling 21,254 shares during the quarter. Shira Ridge Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $299,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Wharton Business Group LLC grew its position in iShares U.S. Infrastructure ETF by 37.5% in the third 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 period. Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth $12,791,000. Kestra Investment Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth $11,516,000. LPL Financial LLC increased its position in shares of iShares U.S. Infrastructure ETF by 11.8% during the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after purchasing an additional 227,962 shares during the last quarter. Finally, Creative Planning raised its holdings in iShares U.S. Infrastructure ETF by 21.2% in the 2nd quarter. Creative Planning now owns 375,368 shares of the company’s stock valued at $15,810,000 after buying an additional 65,544 shares during the period.

iShares U.S. Infrastructure ETF Trading Up 1.0 %

Shares of IFRA stock opened at $45.77 on Tuesday. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s fifty day moving average is $48.68 and its 200-day moving average is $46.44.

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.