ONE Advisory Partners LLC lessened its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA – Free Report) by 5.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 35,344 shares of the company’s stock after selling 2,095 shares during the period. iShares U.S. Infrastructure ETF makes up 0.7% of ONE Advisory Partners LLC’s portfolio, making the stock its 23rd biggest position. ONE Advisory Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,636,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the business. Renaissance Technologies LLC bought a new stake in iShares U.S. Infrastructure ETF in the second quarter valued at about $977,000. Thrivent Financial for Lutherans boosted its holdings in iShares U.S. Infrastructure ETF by 0.4% during the second quarter. Thrivent Financial for Lutherans now owns 148,909 shares of the company’s stock valued at $6,272,000 after purchasing an additional 593 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 18.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,390 shares of the company’s stock valued at $157,000 after purchasing an additional 521 shares during the period. Ascent Group LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 23.0% in the 2nd quarter. Ascent Group LLC now owns 32,440 shares of the company’s stock worth $1,366,000 after buying an additional 6,062 shares in the last quarter. Finally, Creative Planning lifted its position in shares of iShares U.S. Infrastructure ETF by 21.2% during the 2nd quarter. Creative Planning now owns 375,368 shares of the company’s stock worth $15,810,000 after buying an additional 65,544 shares during the period.
iShares U.S. Infrastructure ETF Stock Up 3.6 %
Shares of BATS:IFRA opened at $48.46 on Friday. The company has a fifty day moving average of $48.39 and a two-hundred day moving average of $46.74. The company has a market capitalization of $2.66 billion, a PE ratio of 16.71 and a beta of 0.89.
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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