US Bancorp DE cut its stake in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 75,322 shares of the company’s stock after selling 1,262 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Infrastructure ETF were worth $3,487,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in iShares U.S. Infrastructure ETF in the third quarter valued at approximately $27,000. Continuum Advisory LLC lifted its holdings in iShares U.S. Infrastructure ETF by 41.8% in the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock valued at $60,000 after acquiring an additional 360 shares during the period. Golden State Wealth Management LLC acquired a new position in iShares U.S. Infrastructure ETF in the fourth quarter valued at approximately $105,000. Cedar Wealth Management LLC lifted its holdings in iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after acquiring an additional 200 shares during the period. Finally, MCF Advisors LLC acquired a new position in iShares U.S. Infrastructure ETF in the fourth quarter valued at approximately $140,000.
iShares U.S. Infrastructure ETF Price Performance
Shares of BATS:IFRA opened at $45.68 on Thursday. The firm has a market capitalization of $2.35 billion, a P/E ratio of 19.01 and a beta of 1.05. The firm has a 50-day moving average of $47.08 and a 200 day moving average of $47.37.
iShares U.S. Infrastructure ETF Company Profile
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.
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