iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Private Trust Co. NA

Private Trust Co. NA cut its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,779 shares of the company’s stock after selling 726 shares during the period. Private Trust Co. NA’s holdings in iShares U.S. Infrastructure ETF were worth $175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its position in iShares U.S. Infrastructure ETF by 11.8% during the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after purchasing an additional 227,962 shares during the period. Wharton Business Group LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 3.8% in the fourth quarter. Wharton Business Group LLC now owns 1,559,400 shares of the company’s stock valued at $72,185,000 after buying an additional 57,600 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares U.S. Infrastructure ETF by 2.4% during the third 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. Park Avenue Securities LLC raised its position in iShares U.S. Infrastructure ETF by 4.4% in the fourth quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock worth $33,346,000 after acquiring an additional 30,576 shares in the last quarter. Finally, MML Investors Services LLC raised its position in iShares U.S. Infrastructure ETF by 3.8% in the third quarter. MML Investors Services LLC now owns 630,423 shares of the company’s stock worth $29,611,000 after acquiring an additional 23,053 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Down 1.6 %

Shares of BATS IFRA opened at $46.03 on Tuesday. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock’s 50 day moving average is $47.11 and its two-hundred day moving average is $47.36.

iShares U.S. Infrastructure ETF 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.