WealthShield Partners LLC Has $1.01 Million Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

WealthShield Partners LLC lowered its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 11.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,893 shares of the company’s stock after selling 2,733 shares during the quarter. WealthShield Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,013,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of IFRA. JPMorgan Chase & Co. increased its position in shares of iShares U.S. Infrastructure ETF by 2.4% in the third quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock worth $71,487,000 after acquiring an additional 36,234 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in iShares U.S. Infrastructure ETF by 79.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 12,121 shares of the company’s stock worth $561,000 after purchasing an additional 5,385 shares during the period. Allworth Financial LP grew its position in iShares U.S. Infrastructure ETF by 3.3% during the 4th quarter. Allworth Financial LP now owns 9,179 shares of the company’s stock worth $445,000 after purchasing an additional 289 shares in the last quarter. Benjamin Edwards Inc. acquired a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter valued at $400,000. Finally, Jane Street Group LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter valued at $224,000.

iShares U.S. Infrastructure ETF Trading Down 0.4 %

Shares of iShares U.S. Infrastructure ETF stock opened at $46.57 on Tuesday. The firm has a market capitalization of $2.56 billion, a PE ratio of 16.71 and a beta of 0.89. The stock has a 50 day simple moving average of $47.13 and a two-hundred day simple moving average of $47.27.

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.