Consilium Wealth Advisory LLC Reduces Stake in iShares U.S. Infrastructure ETF $IFRA

Consilium Wealth Advisory LLC decreased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 65,453 shares of the company’s stock after selling 12,505 shares during the period. iShares U.S. Infrastructure ETF accounts for 1.4% of Consilium Wealth Advisory LLC’s investment portfolio, making the stock its 20th largest position. Consilium Wealth Advisory LLC owned about 0.12% of iShares U.S. Infrastructure ETF worth $3,220,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. UMB Bank n.a. purchased a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter worth about $29,000. Cordant Inc. purchased a new stake in iShares U.S. Infrastructure ETF during the 1st quarter worth about $30,000. Financial Gravity Asset Management Inc. purchased a new stake in iShares U.S. Infrastructure ETF during the 1st quarter worth about $32,000. Zions Bancorporation National Association UT purchased a new stake in iShares U.S. Infrastructure ETF during the 1st quarter worth about $35,000. Finally, Centricity Wealth Management LLC lifted its holdings in iShares U.S. Infrastructure ETF by 309.5% during the 1st quarter. Centricity Wealth Management LLC now owns 909 shares of the company’s stock worth $41,000 after purchasing an additional 687 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA opened at $52.96 on Friday. The stock’s 50-day simple moving average is $51.68 and its 200 day simple moving average is $48.67. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 52-week low of $39.94 and a 52-week 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.