Certus Wealth Management LLC Has $897,000 Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Certus Wealth Management LLC decreased its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 18,765 shares of the company’s stock after selling 771 shares during the quarter. Certus Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $897,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IFRA. Thrivent Financial for Lutherans raised its position in shares of iShares U.S. Infrastructure ETF by 1.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 184,102 shares of the company’s stock valued at $9,274,000 after acquiring an additional 2,220 shares during the period. Axxcess Wealth Management LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 3.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 5,870 shares of the company’s stock valued at $272,000 after buying an additional 222 shares in the last quarter. Flagship Wealth Advisors LLC bought a new position in iShares U.S. Infrastructure ETF during the fourth quarter worth $46,000. Arrien Investments Inc. bought a new position in iShares U.S. Infrastructure ETF during the fourth quarter worth $1,650,000. Finally, Envestnet Portfolio Solutions Inc. boosted its position in iShares U.S. Infrastructure ETF by 2.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,061,486 shares of the company’s stock worth $49,136,000 after purchasing an additional 24,660 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

IFRA opened at $46.15 on Thursday. iShares U.S. Infrastructure ETF has a fifty-two week low of $40.93 and a fifty-two week high of $51.99. The company has a market capitalization of $2.37 billion, a P/E ratio of 19.01 and a beta of 1.05. The stock has a fifty day moving average of $46.86 and a 200-day moving average of $47.39.

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.