RCS Financial Planning LLC Decreases Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

RCS Financial Planning LLC decreased its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,977 shares of the company’s stock after selling 323 shares during the quarter. RCS Financial Planning LLC’s holdings in iShares U.S. Infrastructure ETF were worth $323,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in iShares U.S. Infrastructure ETF in the 3rd quarter worth $27,000. Continuum Advisory LLC increased its position in shares of iShares U.S. Infrastructure ETF by 41.8% during the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after acquiring an additional 360 shares during the last quarter. Gilliland Jeter Wealth Management LLC increased its position in shares of iShares U.S. Infrastructure ETF by 38.1% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after acquiring an additional 409 shares during the last quarter. Financial Advocates Investment Management acquired a new position in shares of iShares U.S. Infrastructure ETF in the third quarter worth about $102,000. Finally, Cedar Wealth Management LLC boosted its holdings in iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 1.0 %

IFRA stock opened at $47.23 on Wednesday. The business’s 50-day simple moving average is $48.27 and its 200 day simple moving average is $46.91. The stock has a market cap of $2.60 billion, a P/E ratio of 16.71 and a beta of 0.89.

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.