Townsquare Capital LLC Lowers Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Townsquare Capital LLC decreased its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,117 shares of the company’s stock after selling 891 shares during the quarter. Townsquare Capital LLC’s holdings in iShares U.S. Infrastructure ETF were worth $792,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC bought a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $224,000. Eaton Financial Holdings Company LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter worth $1,306,000. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares U.S. Infrastructure ETF during the 3rd quarter valued at $27,000. Bush Investment Group LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 5.7% during the 3rd quarter. Bush Investment Group LLC now owns 7,277 shares of the company’s stock valued at $342,000 after buying an additional 392 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in iShares U.S. Infrastructure ETF by 31.2% in the 3rd quarter. Principal Financial Group Inc. now owns 120,375 shares of the company’s stock worth $5,654,000 after buying an additional 28,600 shares during the period.

iShares U.S. Infrastructure ETF Stock Down 5.8 %

BATS:IFRA opened at $44.06 on Friday. The stock has a market cap of $2.21 billion, a PE ratio of 17.93 and a beta of 0.98. The business’s 50-day simple moving average is $45.25 and its two-hundred day simple moving average is $47.10. iShares U.S. Infrastructure ETF has a 52 week low of $39.94 and a 52 week high of $51.99.

iShares U.S. Infrastructure ETF 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.