Assetmark Inc. decreased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 34.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,808 shares of the company’s stock after selling 8,262 shares during the period. Assetmark Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $743,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in IFRA. Zions Bancorporation N.A. bought a new stake in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at approximately $33,000. ORG Partners LLC bought a new stake in iShares U.S. Infrastructure ETF during the second quarter worth approximately $36,000. Deane Retirement Strategies Inc. bought a new stake in iShares U.S. Infrastructure ETF during the second quarter worth approximately $52,000. LGT Financial Advisors LLC boosted its position in iShares U.S. Infrastructure ETF by 36.6% during the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock worth $55,000 after purchasing an additional 349 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in iShares U.S. Infrastructure ETF during the second quarter worth approximately $65,000.
iShares U.S. Infrastructure ETF Stock Up 0.3 %
Shares of iShares U.S. Infrastructure ETF stock opened at $49.29 on Friday. The company has a market capitalization of $2.71 billion, a PE ratio of 16.71 and a beta of 0.89. The stock’s 50-day moving average is $47.23 and its 200 day moving average is $44.95.
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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