iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Venturi Wealth Management LLC

Venturi Wealth Management LLC reduced its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 10.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,364 shares of the company’s stock after selling 736 shares during the period. Venturi Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $295,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IFRA. Cedar Wealth Management LLC raised its position in iShares U.S. Infrastructure ETF by 8.3% in the 3rd quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after purchasing an additional 200 shares in the last quarter. Gries Financial LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 0.5% during the fourth quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock worth $1,849,000 after buying an additional 207 shares during the period. Concurrent Investment Advisors LLC raised its holdings in iShares U.S. Infrastructure ETF by 1.5% in the third quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after acquiring an additional 217 shares in the last quarter. Fullcircle Wealth LLC lifted its stake in iShares U.S. Infrastructure ETF by 3.4% in the third quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after acquiring an additional 225 shares during the last quarter. Finally, Spectrum Planning & Advisory Services Inc. grew its holdings in iShares U.S. Infrastructure ETF by 1.5% during the 4th quarter. Spectrum Planning & Advisory Services Inc. now owns 15,409 shares of the company’s stock worth $713,000 after acquiring an additional 234 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS:IFRA opened at $47.45 on Friday. The firm has a 50 day moving average price of $47.21 and a 200 day moving average price of $47.18. The stock has a market cap of $2.61 billion, a P/E 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.