iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Silverlake Wealth Management LLC

Silverlake Wealth Management LLC reduced its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 41,219 shares of the company’s stock after selling 1,345 shares during the quarter. Silverlake Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,908,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IFRA. Wilmington Savings Fund Society FSB acquired a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $27,000. Continuum Advisory LLC lifted its holdings in iShares U.S. Infrastructure ETF by 41.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after buying an additional 360 shares in the last quarter. Gilliland Jeter Wealth Management LLC lifted its holdings in iShares U.S. Infrastructure ETF by 38.1% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after buying an additional 409 shares in the last quarter. Financial Advocates Investment Management acquired a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $102,000. Finally, Cedar Wealth Management LLC increased its position in shares of iShares U.S. Infrastructure ETF by 8.3% in the 3rd 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 Performance

Shares of BATS:IFRA opened at $47.27 on Wednesday. The firm has a 50 day moving average price of $47.91 and a 200 day moving average price of $47.01. The stock has a market cap of $2.60 billion, a P/E ratio of 16.71 and a beta of 0.89.

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.