Physician Wealth Advisors Inc. Decreases Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Physician Wealth Advisors Inc. cut its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 44,841 shares of the company’s stock after selling 666 shares during the quarter. Physician Wealth Advisors Inc. owned 0.08% of iShares U.S. Infrastructure ETF worth $2,076,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in iShares U.S. Infrastructure ETF during the third quarter valued at approximately $27,000. Flagship Wealth Advisors LLC bought a new stake in iShares U.S. Infrastructure ETF in the fourth quarter worth $46,000. Continuum Advisory LLC boosted its stake in iShares U.S. Infrastructure ETF by 41.8% during the third quarter. Continuum Advisory LLC now owns 1,221 shares of the company’s stock worth $60,000 after buying an additional 360 shares during the period. Golden State Wealth Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the fourth quarter worth $105,000. Finally, MCF Advisors LLC bought a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at $140,000.

iShares U.S. Infrastructure ETF Trading Down 3.7 %

iShares U.S. Infrastructure ETF stock opened at $45.06 on Friday. The firm has a market capitalization of $2.17 billion, a PE ratio of 19.03 and a beta of 1.05. iShares U.S. Infrastructure ETF has a 12-month low of $40.93 and a 12-month high of $51.99. The firm has a 50-day moving average price of $46.73 and a 200-day moving average price of $47.45.

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.