iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management cut its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 7.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,107 shares of the company’s stock after selling 1,216 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $594,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in iShares U.S. Infrastructure ETF by 2.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,993,830 shares of the company’s stock valued at $281,642,000 after buying an additional 163,064 shares during the last quarter. Scarborough Advisors LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 1,247.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock valued at $46,789,000 after acquiring an additional 1,075,667 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of iShares U.S. Infrastructure ETF by 2.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 992,639 shares of the company’s stock valued at $41,810,000 after acquiring an additional 28,235 shares in the last quarter. Park Avenue Securities LLC lifted its stake in iShares U.S. Infrastructure ETF by 0.4% during the second quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock worth $29,511,000 after purchasing an additional 2,848 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in iShares U.S. Infrastructure ETF by 35.7% in the fourth quarter. Hsbc Holdings PLC now owns 680,734 shares of the company’s stock worth $27,413,000 after purchasing an additional 179,229 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock traded down $0.42 during midday trading on Friday, reaching $43.83. The company had a trading volume of 170,530 shares. The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s fifty day moving average price is $44.15 and its 200 day moving average price is $43.10.

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.