Eq LLC Has $1.48 Million Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Eq LLC trimmed its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.2% in the fourth quarter, HoldingsChannel reports. The firm owned 31,879 shares of the company’s stock after selling 376 shares during the period. iShares U.S. Infrastructure ETF makes up 0.7% of Eq LLC’s portfolio, making the stock its 28th biggest position. Eq LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,476,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB bought a new position in shares of iShares U.S. Infrastructure ETF in the third quarter worth about $27,000. Continuum Advisory LLC raised its position in iShares U.S. Infrastructure ETF by 41.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after purchasing an additional 360 shares during the last quarter. Financial Advocates Investment Management acquired a new position in iShares U.S. Infrastructure ETF during the 3rd quarter worth $102,000. Golden State Wealth Management LLC acquired a new position in iShares U.S. Infrastructure ETF during the 4th quarter worth $105,000. Finally, Cedar Wealth Management LLC boosted its position in 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 buying an additional 200 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.2 %

IFRA stock opened at $46.88 on Wednesday. The company has a market capitalization of $2.58 billion, a P/E ratio of 16.71 and a beta of 0.89. The business’s fifty day moving average price is $47.11 and its two-hundred day moving average price is $47.30.

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.