Mount Yale Investment Advisors LLC Sells 2,832 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Mount Yale Investment Advisors LLC reduced its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 18.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,119 shares of the company’s stock after selling 2,832 shares during the period. Mount Yale Investment Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $525,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IFRA. Criterion Capital Advisors LLC bought a new position in iShares U.S. Infrastructure ETF in the fourth quarter worth about $29,000. ICA Group Wealth Management LLC bought a new position in iShares U.S. Infrastructure ETF in the fourth quarter worth about $34,000. Fifth Third Bancorp raised its stake in iShares U.S. Infrastructure ETF by 364.4% in the first quarter. Fifth Third Bancorp now owns 808 shares of the company’s stock worth $35,000 after buying an additional 634 shares in the last quarter. ORG Partners LLC grew its holdings in iShares U.S. Infrastructure ETF by 1,742.6% in the fourth quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock worth $45,000 after purchasing an additional 1,063 shares during the period. Finally, Mather Group LLC. purchased a new stake in iShares U.S. Infrastructure ETF in the first quarter worth about $69,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA traded down $0.21 during midday trading on Monday, reaching $45.59. The company’s stock had a trading volume of 209,247 shares. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The company’s 50-day simple moving average is $43.23 and its 200-day simple moving average is $41.95.

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.