Rockefeller Capital Management L.P. Sells 4,036 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Rockefeller Capital Management L.P. lowered its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 14.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 24,251 shares of the company’s stock after selling 4,036 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares U.S. Infrastructure ETF were worth $1,139,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Zions Bancorporation N.A. bought a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at about $33,000. ORG Partners LLC purchased a new stake in iShares U.S. Infrastructure ETF in the second quarter worth about $36,000. LGT Financial Advisors LLC boosted its position in iShares U.S. Infrastructure ETF by 36.6% during the 2nd quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after acquiring an additional 349 shares in the last quarter. Gilliland Jeter Wealth Management LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 38.1% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,483 shares of the company’s stock worth $70,000 after acquiring an additional 409 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of iShares U.S. Infrastructure ETF in the 2nd quarter worth approximately $65,000.

iShares U.S. Infrastructure ETF Trading Down 0.8 %

IFRA opened at $50.27 on Monday. The stock has a market cap of $2.76 billion, a PE ratio of 16.71 and a beta of 0.89. The company has a 50 day moving average price of $48.73 and a 200 day moving average price of $45.71.

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.