U.S. Capital Wealth Advisors LLC Sells 315 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

U.S. Capital Wealth Advisors LLC trimmed its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 0.6% in the fourth quarter, HoldingsChannel reports. The firm owned 50,901 shares of the company’s stock after selling 315 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $2,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IFRA. Sound Income Strategies LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 410.0% in the fourth quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock valued at $82,000 after acquiring an additional 1,636 shares during the period. Bank Julius Baer & Co. Ltd Zurich raised its stake in iShares U.S. Infrastructure ETF by 3.1% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,983 shares of the company’s stock valued at $402,000 after purchasing an additional 333 shares in the last quarter. Sharkey Howes & Javer raised its stake in iShares U.S. Infrastructure ETF by 8.3% in the fourth quarter. Sharkey Howes & Javer now owns 59,678 shares of the company’s stock valued at $2,403,000 after purchasing an additional 4,568 shares in the last quarter. Arete Wealth Advisors LLC raised its stake in iShares U.S. Infrastructure ETF by 45.3% in the third quarter. Arete Wealth Advisors LLC now owns 10,701 shares of the company’s stock valued at $392,000 after purchasing an additional 3,337 shares in the last quarter. Finally, Peoples Bank KS acquired a new position in iShares U.S. Infrastructure ETF in the third quarter valued at about $85,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock traded up $0.25 during midday trading on Friday, reaching $42.93. The company had a trading volume of 159,386 shares. The stock has a market capitalization of $2.35 billion, a P/E ratio of 15.97 and a beta of 0.89. The company’s fifty day simple moving average is $42.05 and its 200 day simple moving average is $39.60.

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.