Diversify Advisory Services LLC Sells 1,225 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Diversify Advisory Services LLC lowered its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,580 shares of the company’s stock after selling 1,225 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,403,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Infrastructure ETF by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock valued at $291,197,000 after purchasing an additional 209,698 shares in the last quarter. LPL Financial LLC lifted its stake in iShares U.S. Infrastructure ETF by 2.8% in the second quarter. LPL Financial LLC now owns 1,938,821 shares of the company’s stock valued at $81,663,000 after buying an additional 52,669 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings 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 worth $41,810,000 after buying an additional 28,235 shares in the last quarter. CWM LLC grew its position in shares of iShares U.S. Infrastructure ETF by 1.5% during the 3rd quarter. CWM LLC now owns 880,524 shares of the company’s stock worth $41,358,000 after buying an additional 13,426 shares during the period. Finally, Park Avenue Securities LLC grew its position in shares of iShares U.S. Infrastructure ETF by 0.4% during the 2nd quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock worth $29,511,000 after buying an additional 2,848 shares during the period.

iShares U.S. Infrastructure ETF Stock Down 1.1 %

iShares U.S. Infrastructure ETF stock opened at $47.08 on Wednesday. The firm has a market cap of $2.59 billion, a P/E ratio of 16.71 and a beta of 0.89. The company’s 50-day moving average is $46.24 and its two-hundred day moving average is $44.37.

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.