TSA Wealth Managment LLC Reduces Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

TSA Wealth Managment LLC cut its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 76.9% in the 1st quarter, HoldingsChannel reports. The fund owned 8,532 shares of the company’s stock after selling 28,448 shares during the quarter. TSA Wealth Managment LLC’s holdings in iShares U.S. Infrastructure ETF were worth $385,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IFRA. Cordant Inc. purchased a new stake in iShares U.S. Infrastructure ETF in the 1st quarter worth approximately $30,000. American National Bank & Trust bought a new position in shares of iShares U.S. Infrastructure ETF during the first quarter valued at approximately $35,000. Centricity Wealth Management LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 309.5% during the first quarter. Centricity Wealth Management LLC now owns 909 shares of the company’s stock valued at $41,000 after acquiring an additional 687 shares in the last quarter. Transce3nd LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $42,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of iShares U.S. Infrastructure ETF during the first quarter valued at approximately $43,000.

iShares U.S. Infrastructure ETF Stock Up 3.0%

Shares of iShares U.S. Infrastructure ETF stock opened at $48.20 on Thursday. The company has a market cap of $2.49 billion, a PE ratio of 19.68 and a beta of 0.99. The business has a 50 day moving average of $47.10 and a 200 day moving average of $46.58. 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 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.