Northwest Capital Management Inc decreased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 0.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,076 shares of the company’s stock after selling 376 shares during the quarter. iShares U.S. Infrastructure ETF comprises approximately 1.1% of Northwest Capital Management Inc’s portfolio, making the stock its 22nd biggest position. Northwest Capital Management Inc’s holdings in iShares U.S. Infrastructure ETF were worth $3,010,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Zions Bancorporation N.A. bought a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $33,000. ORG Partners LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth approximately $36,000. Deane Retirement Strategies Inc. purchased a new position in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at approximately $52,000. LGT Financial Advisors LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 36.6% in the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after purchasing an additional 349 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the second quarter valued at approximately $65,000.
iShares U.S. Infrastructure ETF Stock Performance
Shares of IFRA stock opened at $46.67 on Wednesday. The stock has a market capitalization of $2.56 billion, a PE ratio of 16.71 and a beta of 0.89. The business has a fifty day moving average price of $45.26 and a two-hundred day moving average price of $43.89.
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.
Featured Articles
- Five stocks we like better than iShares U.S. Infrastructure ETF
- Pros And Cons Of Monthly Dividend Stocks
- These 3 Stocks Just Spiked—Buy the Rally or Sell the News?
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Big Government Contracts Propel These 3 Defense Stocks Higher
- Want to Profit on the Downtrend? Downtrends, Explained.
- 3 Powerful ETFs for Income Seekers Looking to Maximize Gains
Want to see what other hedge funds are holding IFRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report).
Receive News & Ratings for iShares U.S. Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
