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

TSA Wealth Managment LLC lowered its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,980 shares of the company’s stock after selling 736 shares during the period. iShares U.S. Infrastructure ETF makes up about 0.7% of TSA Wealth Managment LLC’s investment portfolio, making the stock its 25th biggest position. TSA Wealth Managment LLC owned approximately 0.07% of iShares U.S. Infrastructure ETF worth $1,712,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IFRA. Wharton Business Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 37.5% in the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock worth $70,540,000 after acquiring an additional 409,880 shares during the period. LPL Financial LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 11.8% in the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after acquiring an additional 227,962 shares during the period. Scarborough Advisors LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 100.5% in the 4th quarter. Scarborough Advisors LLC now owns 109,457 shares of the company’s stock worth $5,067,000 after acquiring an additional 54,853 shares during the period. Merit Financial Group LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 198.3% in the 4th quarter. Merit Financial Group LLC now owns 75,659 shares of the company’s stock worth $3,502,000 after acquiring an additional 50,296 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth approximately $2,219,000.

iShares U.S. Infrastructure ETF Trading Down 1.6 %

IFRA opened at $46.03 on Tuesday. The firm has a market cap of $2.53 billion, a PE ratio of 16.71 and a beta of 0.89. The stock has a fifty day moving average price of $47.11 and a 200 day moving average price of $47.36.

iShares U.S. Infrastructure ETF 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.