Wealth Enhancement Advisory Services LLC Sells 570 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Wealth Enhancement Advisory Services LLC trimmed its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 36,267 shares of the company’s stock after selling 570 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,703,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Infrastructure ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock valued at $71,487,000 after buying an additional 36,234 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in iShares U.S. Infrastructure ETF during the third quarter valued at about $400,000. Watershed Private Wealth LLC lifted its holdings in iShares U.S. Infrastructure ETF by 1.8% during the third quarter. Watershed Private Wealth LLC now owns 45,434 shares of the company’s stock valued at $2,134,000 after purchasing an additional 791 shares during the last quarter. Proquility Private Wealth Partners LLC bought a new position in iShares U.S. Infrastructure ETF during the third quarter worth about $876,000. Finally, Principal Financial Group Inc. increased its stake in shares of iShares U.S. Infrastructure ETF by 31.2% in the third quarter. Principal Financial Group Inc. now owns 120,375 shares of the company’s stock worth $5,654,000 after purchasing an additional 28,600 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 2.2 %

BATS IFRA opened at $46.77 on Wednesday. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The company has a 50-day simple moving average of $48.65 and a 200 day simple moving average of $46.46.

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.