Tnf LLC Reduces Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Tnf LLC lessened its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,012 shares of the company’s stock after selling 1,038 shares during the period. iShares U.S. Infrastructure ETF accounts for approximately 0.6% of Tnf LLC’s investment portfolio, making the stock its 26th biggest position. Tnf LLC owned about 0.06% of iShares U.S. Infrastructure ETF worth $1,565,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its holdings in iShares U.S. Infrastructure ETF by 2.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 6,993,830 shares of the company’s stock valued at $281,642,000 after purchasing an additional 163,064 shares during the last quarter. Scarborough Advisors LLC boosted its holdings in iShares U.S. Infrastructure ETF by 1,247.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock valued at $46,789,000 after purchasing an additional 1,075,667 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in iShares U.S. Infrastructure ETF by 2.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 992,639 shares of the company’s stock valued at $41,810,000 after purchasing an additional 28,235 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in iShares U.S. Infrastructure ETF by 0.4% in the 2nd quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock valued at $29,511,000 after purchasing an additional 2,848 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in iShares U.S. Infrastructure ETF by 35.7% in the 4th quarter. Hsbc Holdings PLC now owns 680,734 shares of the company’s stock valued at $27,413,000 after purchasing an additional 179,229 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

BATS:IFRA traded up $0.87 on Friday, hitting $45.32. The stock had a trading volume of 239,752 shares. The firm has a market capitalization of $2.49 billion, a PE ratio of 16.71 and a beta of 0.89. The stock has a fifty day moving average price of $43.61 and a two-hundred day moving average price of $42.75.

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.