ShoreHaven Wealth Partners LLC Lowers Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

ShoreHaven Wealth Partners LLC lessened its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 30,518 shares of the company’s stock after selling 1,280 shares during the period. ShoreHaven Wealth Partners LLC owned 0.06% of iShares U.S. Infrastructure ETF worth $1,413,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IFRA. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter worth $27,000. Continuum Advisory LLC boosted its holdings in iShares U.S. Infrastructure ETF by 41.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after buying an additional 360 shares during the period. Gilliland Jeter Wealth Management LLC increased its stake in iShares U.S. Infrastructure ETF by 38.1% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after buying an additional 409 shares in the last quarter. Financial Advocates Investment Management purchased a new stake in iShares U.S. Infrastructure ETF in the 3rd quarter worth $102,000. Finally, Golden State Wealth Management LLC bought a new stake in iShares U.S. Infrastructure ETF during the fourth quarter valued at about $105,000.

iShares U.S. Infrastructure ETF Stock Up 2.0 %

Shares of iShares U.S. Infrastructure ETF stock opened at $47.70 on Friday. The stock has a market capitalization of $2.62 billion, a P/E ratio of 16.71 and a beta of 0.89. The firm has a 50 day simple moving average of $47.41 and a 200-day simple moving average of $47.10.

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.