Spire Wealth Management Reduces Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Spire Wealth Management lowered its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRAFree Report) by 2.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,738 shares of the company’s stock after selling 417 shares during the period. Spire Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $812,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IFRA. Bank of New York Mellon Corp increased its position in iShares U.S. Infrastructure ETF by 4.3% in the third quarter. Bank of New York Mellon Corp now owns 234,765 shares of the company’s stock worth $8,590,000 after buying an additional 9,596 shares during the last quarter. Certus Wealth Management LLC increased its holdings in iShares U.S. Infrastructure ETF by 116.9% in the 3rd quarter. Certus Wealth Management LLC now owns 14,633 shares of the company’s stock worth $535,000 after acquiring an additional 7,887 shares during the last quarter. Private Advisor Group LLC raised its stake in iShares U.S. Infrastructure ETF by 4.2% in the 3rd quarter. Private Advisor Group LLC now owns 35,645 shares of the company’s stock valued at $1,304,000 after acquiring an additional 1,450 shares during the period. RCS Financial Planning LLC purchased a new stake in iShares U.S. Infrastructure ETF during the third quarter valued at about $238,000. Finally, SteelPeak Wealth LLC lifted its holdings in iShares U.S. Infrastructure ETF by 3.4% during the third quarter. SteelPeak Wealth LLC now owns 49,105 shares of the company’s stock valued at $1,808,000 after purchasing an additional 1,606 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.3 %

Shares of IFRA traded up $0.13 during trading hours on Monday, hitting $44.69. The company’s stock had a trading volume of 161,159 shares. The company has a 50-day moving average price of $42.75 and a 200 day moving average price of $40.33. The company has a market cap of $2.46 billion, a P/E ratio of 16.71 and a beta of 0.89.

iShares U.S. Infrastructure ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Infrastructure ETF (BATS:IFRA)

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