Tnf LLC trimmed its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 1.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,631 shares of the company’s stock after selling 381 shares during the quarter. iShares U.S. Infrastructure ETF comprises about 0.6% of Tnf LLC’s portfolio, making the stock its 25th biggest position. Tnf LLC owned approximately 0.06% of iShares U.S. Infrastructure ETF worth $1,639,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SteelPeak Wealth LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 6.4% in the third quarter. SteelPeak Wealth LLC now owns 52,861 shares of the company’s stock worth $2,483,000 after purchasing an additional 3,173 shares during the last quarter. Twin Peaks Wealth Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 18.9% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 10,354 shares of the company’s stock valued at $486,000 after purchasing an additional 1,643 shares during the period. Gateway Wealth Partners LLC grew its holdings in iShares U.S. Infrastructure ETF by 7.7% during the third quarter. Gateway Wealth Partners LLC now owns 8,209 shares of the company’s stock valued at $386,000 after purchasing an additional 584 shares during the period. Pallas Capital Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 88.1% during the third quarter. Pallas Capital Advisors LLC now owns 13,448 shares of the company’s stock valued at $637,000 after purchasing an additional 6,299 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of iShares U.S. Infrastructure ETF by 7.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,236 shares of the company’s stock valued at $246,000 after purchasing an additional 374 shares in the last quarter.
iShares U.S. Infrastructure ETF Stock Performance
Shares of BATS IFRA opened at $47.12 on Thursday. The stock has a market capitalization of $2.59 billion, a PE ratio of 16.71 and a beta of 0.89. The company has a fifty day moving average of $46.24 and a two-hundred day moving average of $44.37.
About iShares U.S. Infrastructure ETF
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.
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