TRUE Private Wealth Advisors Reduces Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

TRUE Private Wealth Advisors reduced its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 6.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,091 shares of the company’s stock after selling 411 shares during the quarter. TRUE Private Wealth Advisors’ holdings in iShares U.S. Infrastructure ETF were worth $245,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Warner Financial Inc. grew its holdings in iShares U.S. Infrastructure ETF by 0.7% in the 4th quarter. Warner Financial Inc. now owns 38,350 shares of the company’s stock worth $1,544,000 after acquiring an additional 257 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of iShares U.S. Infrastructure ETF by 1.2% during the 4th quarter. Captrust Financial Advisors now owns 22,884 shares of the company’s stock valued at $830,000 after purchasing an additional 271 shares in the last quarter. Atlas Private Wealth Management boosted its stake in shares of iShares U.S. Infrastructure ETF by 1.5% during the 4th quarter. Atlas Private Wealth Management now owns 18,846 shares of the company’s stock valued at $759,000 after purchasing an additional 272 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of iShares U.S. Infrastructure ETF by 1.1% during the 3rd quarter. Brookstone Capital Management now owns 27,677 shares of the company’s stock valued at $980,000 after purchasing an additional 307 shares in the last quarter. Finally, Strategic Blueprint LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 0.6% during the 4th quarter. Strategic Blueprint LLC now owns 53,129 shares of the company’s stock valued at $2,140,000 after purchasing an additional 314 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of IFRA opened at $41.37 on Friday. The company’s fifty day moving average is $41.48 and its 200-day moving average is $39.09. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 15.08 and a beta of 1.03.

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.