Western Wealth Management LLC lessened its stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 14.9% in the second quarter, HoldingsChannel reports. The firm owned 8,735 shares of the company’s stock after selling 1,534 shares during the period. Western Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $430,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in IFRA. UMB Bank n.a. bought a new position in iShares U.S. Infrastructure ETF during the second quarter worth about $29,000. Zions Bancorporation National Association UT acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 1st quarter valued at approximately $35,000. Financial Gravity Companies Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at approximately $35,000. Hazlett Burt & Watson Inc. boosted its stake in 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 worth $43,000 after acquiring an additional 401 shares during the last quarter. Finally, Elevation Wealth Partners LLC acquired a new position in iShares U.S. Infrastructure ETF during the second quarter valued at approximately $52,000.
iShares U.S. Infrastructure ETF Stock Performance
Shares of BATS:IFRA opened at $51.47 on Wednesday. iShares U.S. Infrastructure ETF has a 52 week low of $39.94 and a 52 week high of $51.99. The company has a market capitalization of $2.77 billion, a PE ratio of 19.30 and a beta of 0.98. The company has a 50 day moving average price of $52.61 and a two-hundred day moving average price of $50.71.
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.
Featured Articles
- Five stocks we like better than iShares U.S. Infrastructure ETF
- How to Buy Cheap Stocks Step by Step
- Healthcare Rotation Underway: 3 Stocks Leading the Charge
- What Are the FAANG Stocks and Are They Good Investments?
- Medtronic Stock Finds Its Footing—Now It’s Gaining Momentum
- What Does Downgrade Mean in Investing?
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
Want to see what other hedge funds are holding IFRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report).
Receive News & Ratings for iShares U.S. Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
