Icon Wealth Advisors LLC lowered its position in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 78.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 15,852 shares of the company’s stock after selling 58,395 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $745,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in IFRA. Zions Bancorporation N.A. bought a new position in iShares U.S. Infrastructure ETF during the second quarter valued at about $33,000. ORG Partners LLC bought a new position in iShares U.S. Infrastructure ETF during the second quarter valued at about $36,000. Deane Retirement Strategies Inc. bought a new position in iShares U.S. Infrastructure ETF during the second quarter valued at about $52,000. LGT Financial Advisors LLC grew its position in iShares U.S. Infrastructure ETF by 36.6% during the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after buying an additional 349 shares during the period. Finally, International Assets Investment Management LLC bought a new position in iShares U.S. Infrastructure ETF during the second quarter valued at about $65,000.
iShares U.S. Infrastructure ETF Price Performance
Shares of BATS:IFRA opened at $51.22 on Friday. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s fifty day simple moving average is $47.70 and its 200-day simple moving average is $45.16.
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.
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Want to see what other hedge funds are holding IFRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report).
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