iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by PFG Advisors

PFG Advisors cut its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,249 shares of the company’s stock after selling 236 shares during the period. PFG Advisors’ holdings in iShares U.S. Infrastructure ETF were worth $521,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares U.S. Infrastructure ETF during the third quarter worth $27,000. Continuum Advisory LLC increased its position in shares of iShares U.S. Infrastructure ETF by 41.8% during the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after purchasing an additional 360 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth $105,000. Cedar Wealth Management LLC increased its position 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 in the last quarter. Finally, MCF Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth $140,000.

iShares U.S. Infrastructure ETF Stock Down 1.8 %

Shares of IFRA opened at $45.92 on Friday. The stock has a market capitalization of $2.36 billion, a price-to-earnings ratio of 19.01 and a beta of 1.05. The firm’s fifty day moving average is $46.89 and its two-hundred day moving average is $47.36.

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.