Legacy Financial Group LLC Has $1.51 Million Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Legacy Financial Group LLC reduced its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,540 shares of the company’s stock after selling 1,253 shares during the quarter. Legacy Financial Group LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,506,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Cedar Wealth Management LLC boosted its holdings in shares of iShares U.S. Infrastructure ETF by 8.3% during the third 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. One Wealth Advisors LLC raised its position in iShares U.S. Infrastructure ETF by 0.5% during the third quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock valued at $2,118,000 after acquiring an additional 211 shares in the last quarter. Concurrent Investment Advisors LLC raised its position in iShares U.S. Infrastructure ETF by 1.5% during the third quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after acquiring an additional 217 shares in the last quarter. Fullcircle Wealth LLC raised its position in iShares U.S. Infrastructure ETF by 3.4% during the third quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock valued at $330,000 after acquiring an additional 225 shares in the last quarter. Finally, Tsfg LLC raised its position in iShares U.S. Infrastructure ETF by 1.0% during the fourth quarter. Tsfg LLC now owns 27,573 shares of the company’s stock valued at $1,276,000 after acquiring an additional 267 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA opened at $48.43 on Monday. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The company’s fifty day simple moving average is $48.37 and its 200 day simple moving average is $46.86.

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.