Kickstand Ventures LLC. Lowers Stock Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Kickstand Ventures LLC. cut its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,447 shares of the company’s stock after selling 998 shares during the quarter. Kickstand Ventures LLC.’s holdings in iShares U.S. Infrastructure ETF were worth $808,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IFRA. Beacon Financial Group boosted its holdings in shares of iShares U.S. Infrastructure ETF by 0.9% during the 4th quarter. Beacon Financial Group now owns 32,194 shares of the company’s stock valued at $1,490,000 after buying an additional 274 shares in the last quarter. CAP Partners LLC raised its position in shares of iShares U.S. Infrastructure ETF by 18.1% in the 4th quarter. CAP Partners LLC now owns 5,899 shares of the company’s stock worth $273,000 after purchasing an additional 904 shares during the last quarter. JSF Financial LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $1,439,000. Wealthcare Capital Partners LLC purchased a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter worth about $791,000. Finally, True Vision MN LLC raised its position in shares of iShares U.S. Infrastructure ETF by 4.2% in the 4th quarter. True Vision MN LLC now owns 12,421 shares of the company’s stock worth $575,000 after purchasing an additional 495 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Up 1.2 %

IFRA opened at $47.35 on Thursday. The stock has a 50-day moving average of $47.47 and a 200-day moving average of $47.10. The stock has a market cap of $2.60 billion, a price-to-earnings 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.