iShares U.S. Infrastructure ETF (BATS:IFRA) Stake Lowered by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC trimmed its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 21.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,830 shares of the company’s stock after selling 2,359 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. LPL Financial LLC lifted its stake in iShares U.S. Infrastructure ETF by 11.8% in the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after buying an additional 227,962 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Infrastructure ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock worth $71,487,000 after acquiring an additional 36,234 shares during the period. Wharton Business Group LLC lifted its position in iShares U.S. Infrastructure ETF by 37.5% in the 3rd quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after purchasing an additional 409,880 shares during the last quarter. CWM LLC boosted its stake in iShares U.S. Infrastructure ETF by 1.5% during the 3rd quarter. CWM LLC now owns 880,524 shares of the company’s stock valued at $41,358,000 after purchasing an additional 13,426 shares during the period. Finally, Park Avenue Securities LLC grew its position in iShares U.S. Infrastructure ETF by 4.4% in the 4th quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock worth $33,346,000 after purchasing an additional 30,576 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 1.0 %

Shares of BATS:IFRA opened at $47.23 on Wednesday. The company has a 50 day moving average price of $48.27 and a 200 day moving average price of $46.91. The firm has a market capitalization 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.