Stratos Wealth Advisors LLC Lowers Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Stratos Wealth Advisors LLC lessened its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 19.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,403 shares of the company’s stock after selling 6,280 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in IFRA. Mather Group LLC. purchased a new stake in iShares U.S. Infrastructure ETF in the 1st quarter valued at approximately $69,000. Banque Cantonale Vaudoise acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 1st quarter valued at approximately $87,000. Sound Income Strategies LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 36.7% during the 1st quarter. Sound Income Strategies LLC now owns 2,781 shares of the company’s stock valued at $121,000 after acquiring an additional 746 shares during the period. Ehrlich Financial Group acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 1st quarter valued at approximately $277,000. Finally, Mosley Wealth Management lifted its position in shares of iShares U.S. Infrastructure ETF by 33.3% during the 1st quarter. Mosley Wealth Management now owns 8,669 shares of the company’s stock valued at $376,000 after acquiring an additional 2,168 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

IFRA stock opened at $48.10 on Monday. The firm’s 50-day moving average is $45.78 and its 200 day moving average is $44.14. The firm has a market cap of $2.64 billion, a P/E 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.