iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC lessened its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 40.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 5,319 shares of the company’s stock after selling 3,649 shares during the period. Signal Advisors Wealth LLC’s holdings in iShares U.S. Infrastructure ETF were worth $246,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Renaissance Technologies LLC acquired a new position in iShares U.S. Infrastructure ETF in the second quarter worth $977,000. Wealth Alliance boosted its holdings in shares of iShares U.S. Infrastructure ETF by 1.3% in the 2nd quarter. Wealth Alliance now owns 37,258 shares of the company’s stock valued at $1,569,000 after buying an additional 477 shares during the period. Clifford Group LLC grew its position in shares of iShares U.S. Infrastructure ETF by 12.2% during the 2nd quarter. Clifford Group LLC now owns 9,547 shares of the company’s stock valued at $402,000 after buying an additional 1,035 shares during the last quarter. AE Wealth Management LLC raised its stake in iShares U.S. Infrastructure ETF by 10.0% during the second quarter. AE Wealth Management LLC now owns 146,274 shares of the company’s stock worth $6,161,000 after acquiring an additional 13,343 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in iShares U.S. Infrastructure ETF by 0.4% in the second quarter. Thrivent Financial for Lutherans now owns 148,909 shares of the company’s stock worth $6,272,000 after acquiring an additional 593 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA stock opened at $47.39 on Thursday. The company has a 50 day moving average of $48.54 and a 200 day moving average of $46.49. The firm has a market capitalization of $2.60 billion, a P/E 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.