iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. reduced its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 20.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,536 shares of the company’s stock after selling 6,146 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $1,136,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Cedar Wealth Management LLC raised 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 buying an additional 200 shares during the period. Gries Financial LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 0.5% in the 4th quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock valued at $1,849,000 after acquiring an additional 207 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 1.5% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after acquiring an additional 217 shares in the last quarter. Fullcircle Wealth LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 3.4% during the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock valued at $330,000 after acquiring an additional 225 shares in the last quarter. Finally, Spectrum Planning & Advisory Services Inc. boosted its position in iShares U.S. Infrastructure ETF by 1.5% during the 4th quarter. Spectrum Planning & Advisory Services Inc. now owns 15,409 shares of the company’s stock worth $713,000 after purchasing an additional 234 shares during the period.

iShares U.S. Infrastructure ETF Trading Down 0.1 %

Shares of BATS IFRA opened at $46.74 on Monday. The firm has a 50-day moving average of $47.17 and a two-hundred day moving average of $47.25. The firm has a market cap of $2.57 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.