TSA Wealth Managment LLC Trims Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

TSA Wealth Managment LLC lowered its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 36,980 shares of the company’s stock after selling 736 shares during the period. iShares U.S. Infrastructure ETF makes up approximately 0.7% of TSA Wealth Managment LLC’s portfolio, making the stock its 25th largest position. TSA Wealth Managment LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,712,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth $27,000. Continuum Advisory LLC lifted its stake 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. Financial Advocates Investment Management purchased a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth $102,000. Golden State Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 4th quarter worth $105,000. Finally, Cedar Wealth Management LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 8.3% during the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after purchasing an additional 200 shares during the period.

iShares U.S. Infrastructure ETF Trading Down 1.6 %

Shares of iShares U.S. Infrastructure ETF stock opened at $46.03 on Tuesday. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business’s fifty day simple moving average is $47.11 and its two-hundred day simple moving average is $47.36.

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.