iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Bush Investment Group LLC

Bush Investment Group LLC cut its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 10.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,669 shares of the company’s stock after selling 806 shares during the period. iShares U.S. Infrastructure ETF makes up about 0.3% of Bush Investment Group LLC’s portfolio, making the stock its 28th largest holding. Bush Investment Group LLC’s holdings in iShares U.S. Infrastructure ETF were worth $289,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clear Creek Financial Management LLC increased its position in shares of iShares U.S. Infrastructure ETF by 4.6% in the first quarter. Clear Creek Financial Management LLC now owns 5,763 shares of the company’s stock valued at $250,000 after buying an additional 253 shares in the last quarter. Warner Financial Inc. raised its position in iShares U.S. Infrastructure ETF by 0.7% during the fourth 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 period. Raleigh Capital Management Inc. lifted its holdings in iShares U.S. Infrastructure ETF by 6.9% during the fourth quarter. Raleigh Capital Management Inc. now owns 4,448 shares of the company’s stock valued at $179,000 after purchasing an additional 286 shares in the last quarter. Marks Group Wealth Management Inc grew its position in shares of iShares U.S. Infrastructure ETF by 5.4% in the first quarter. Marks Group Wealth Management Inc now owns 5,558 shares of the company’s stock valued at $241,000 after purchasing an additional 286 shares during the period. Finally, Strategic Blueprint LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 0.6% during the fourth quarter. Strategic Blueprint LLC now owns 53,129 shares of the company’s stock worth $2,140,000 after purchasing an additional 314 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock traded down $1.11 during trading on Friday, hitting $44.57. The stock had a trading volume of 185,710 shares. The business’s fifty day moving average price is $43.36 and its 200-day moving average price is $42.16. The stock has a market cap of $2.45 billion, a PE ratio of 16.71 and a beta of 0.89.

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.