Creative Planning Cuts Stock Position in iShares U.S. Infrastructure ETF $IFRA

Creative Planning trimmed its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 442,378 shares of the company’s stock after selling 5,245 shares during the quarter. Creative Planning owned about 0.82% of iShares U.S. Infrastructure ETF worth $21,761,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Kingsview Wealth Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the 1st quarter worth approximately $200,000. J.W. Cole Advisors Inc. increased its position in shares of iShares U.S. Infrastructure ETF by 57.7% during the first quarter. J.W. Cole Advisors Inc. now owns 44,655 shares of the company’s stock worth $2,013,000 after purchasing an additional 16,344 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 77.3% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 920 shares of the company’s stock valued at $43,000 after purchasing an additional 401 shares during the last quarter. Strategic Financial Partners Ltd. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 116.6% during the 1st quarter. Strategic Financial Partners Ltd. now owns 12,511 shares of the company’s stock valued at $564,000 after purchasing an additional 6,736 shares during the last quarter. Finally, IMA Advisory Services Inc. purchased a new position in iShares U.S. Infrastructure ETF during the 1st quarter worth $1,193,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS:IFRA opened at $52.04 on Monday. The business’s 50-day moving average is $52.60 and its 200 day moving average is $50.63. iShares U.S. Infrastructure ETF has a 1 year low of $39.94 and a 1 year high of $51.99. The firm has a market capitalization of $2.80 billion, a P/E ratio of 19.30 and a beta of 0.98.

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.