Blair William & Co. IL Reduces Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Blair William & Co. IL cut its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,505 shares of the company’s stock after selling 269 shares during the period. Blair William & Co. IL’s holdings in iShares U.S. Infrastructure ETF were worth $232,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Brookstone Capital Management boosted its stake in shares of iShares U.S. Infrastructure ETF by 7.9% during the 2nd quarter. Brookstone Capital Management now owns 33,139 shares of the company’s stock worth $1,484,000 after purchasing an additional 2,425 shares during the period. Diversify Advisory Services LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 1st quarter worth about $1,355,000. Strategic Blueprint LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 0.8% during the 2nd quarter. Strategic Blueprint LLC now owns 45,883 shares of the company’s stock worth $1,933,000 after purchasing an additional 378 shares during the period. Zions Bancorporation N.A. purchased a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth about $33,000. Finally, Mather Group LLC. boosted its stake in shares of iShares U.S. Infrastructure ETF by 52.0% during the 2nd quarter. Mather Group LLC. now owns 2,603 shares of the company’s stock worth $113,000 after purchasing an additional 891 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

IFRA stock opened at $46.87 on Friday. The business’s 50 day moving average price is $45.05 and its 200-day moving average price is $43.62. The stock has a market cap of $2.58 billion, a PE 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.