Yukon Wealth Management Inc. Reduces Stock Position in iShares U.S. Infrastructure ETF $IFRA

Yukon Wealth Management Inc. cut its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,485 shares of the company’s stock after selling 210 shares during the quarter. Yukon Wealth Management Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $270,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Insight Wealth Partners LLC increased its holdings in iShares U.S. Infrastructure ETF by 12.6% during the 2nd quarter. Insight Wealth Partners LLC now owns 12,527 shares of the company’s stock worth $616,000 after purchasing an additional 1,406 shares during the last quarter. 180 Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at approximately $222,000. Hoge Financial Services LLC raised its position in shares of iShares U.S. Infrastructure ETF by 87.7% during the 2nd quarter. Hoge Financial Services LLC now owns 34,700 shares of the company’s stock valued at $1,715,000 after acquiring an additional 16,211 shares in the last quarter. Clune & Associates LTD. raised its position in shares of iShares U.S. Infrastructure ETF by 3.4% during the 2nd quarter. Clune & Associates LTD. now owns 13,054 shares of the company’s stock valued at $642,000 after acquiring an additional 434 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in shares of iShares U.S. Infrastructure ETF by 15.1% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 11,966 shares of the company’s stock valued at $589,000 after acquiring an additional 1,574 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 15.6%

IFRA stock opened at $54.07 on Monday. The firm has a market cap of $2.91 billion, a P/E ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 12-month low of $39.94 and a 12-month high of $51.99. The stock’s 50 day simple moving average is $52.34 and its 200 day simple moving average is $49.69.

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.