Northwest Capital Management Inc Sells 3,689 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Northwest Capital Management Inc lessened its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 60,387 shares of the company’s stock after selling 3,689 shares during the period. iShares U.S. Infrastructure ETF accounts for about 1.2% of Northwest Capital Management Inc’s investment portfolio, making the stock its 20th biggest holding. Northwest Capital Management Inc owned approximately 0.11% of iShares U.S. Infrastructure ETF worth $2,795,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Infrastructure ETF during the 3rd quarter valued at $27,000. Continuum Advisory LLC increased its stake in iShares U.S. Infrastructure ETF by 41.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after buying an additional 360 shares in the last quarter. Financial Advocates Investment Management bought a new stake in iShares U.S. Infrastructure ETF during the third quarter valued at about $102,000. Golden State Wealth Management LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the fourth quarter valued at about $105,000. Finally, Cedar Wealth Management LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after acquiring an additional 200 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

BATS:IFRA opened at $46.74 on Monday. The stock’s 50-day simple moving average is $47.17 and its 200-day simple moving average is $47.25. The stock has a market capitalization of $2.57 billion, a PE ratio of 16.71 and a beta of 0.89.

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.