Harbour Investments Inc. Trims Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Harbour Investments Inc. cut its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 36.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,901 shares of the company’s stock after selling 9,580 shares during the period. Harbour Investments Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in IFRA. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 2.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,061,486 shares of the company’s stock valued at $49,136,000 after buying an additional 24,660 shares during the period. Avantax Advisory Services Inc. lifted its holdings in iShares U.S. Infrastructure ETF by 3.0% in the fourth quarter. Avantax Advisory Services Inc. now owns 69,494 shares of the company’s stock valued at $3,217,000 after acquiring an additional 2,009 shares during the period. Liberty Wealth Management LLC boosted its position in iShares U.S. Infrastructure ETF by 2.8% in the 4th quarter. Liberty Wealth Management LLC now owns 69,582 shares of the company’s stock worth $3,221,000 after purchasing an additional 1,908 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 1.0% during the 4th quarter. Farther Finance Advisors LLC now owns 70,992 shares of the company’s stock worth $3,286,000 after purchasing an additional 729 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 9.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,267 shares of the company’s stock valued at $151,000 after purchasing an additional 286 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS IFRA opened at $46.15 on Thursday. The company has a market capitalization of $2.37 billion, a PE ratio of 19.01 and a beta of 1.05. The company’s fifty day moving average price is $46.86 and its 200 day moving average price is $47.39. iShares U.S. Infrastructure ETF has a 1 year low of $40.93 and a 1 year high of $51.99.

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.