iShares U.S. Infrastructure ETF (BATS:IFRA) Holdings Decreased by RCS Financial Planning LLC

RCS Financial Planning LLC cut its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,977 shares of the company’s stock after selling 323 shares during the period. RCS Financial Planning LLC’s holdings in iShares U.S. Infrastructure ETF were worth $323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in IFRA. Wilmington Savings Fund Society FSB bought a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth about $27,000. Continuum Advisory LLC raised its position in shares of iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after purchasing an additional 360 shares during the period. Gilliland Jeter Wealth Management LLC boosted its position in iShares U.S. Infrastructure ETF by 38.1% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock valued at $70,000 after purchasing an additional 409 shares during the period. Financial Advocates Investment Management bought a new position in iShares U.S. Infrastructure ETF during the 3rd quarter worth $102,000. Finally, Cedar Wealth Management LLC increased its position in iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after buying an additional 200 shares during the period.

iShares U.S. Infrastructure ETF Stock Up 1.0 %

iShares U.S. Infrastructure ETF stock opened at $47.23 on Wednesday. The business’s 50 day moving average price is $48.27 and its 200-day moving average price is $46.91. The company has a market capitalization of $2.60 billion, a price-to-earnings 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.