iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by ONE Advisory Partners LLC

ONE Advisory Partners LLC trimmed its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,344 shares of the company’s stock after selling 2,095 shares during the period. iShares U.S. Infrastructure ETF comprises approximately 0.7% of ONE Advisory Partners LLC’s investment portfolio, making the stock its 23rd biggest position. ONE Advisory Partners LLC owned approximately 0.06% of iShares U.S. Infrastructure ETF worth $1,636,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IFRA. Renaissance Technologies LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the 2nd quarter worth $977,000. Thrivent Financial for Lutherans boosted its position in shares of iShares U.S. Infrastructure ETF by 0.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 148,909 shares of the company’s stock valued at $6,272,000 after purchasing an additional 593 shares during the period. EverSource Wealth Advisors LLC increased its stake in iShares U.S. Infrastructure ETF by 18.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,390 shares of the company’s stock worth $157,000 after purchasing an additional 521 shares in the last quarter. Ascent Group LLC increased its stake in iShares U.S. Infrastructure ETF by 23.0% in the 2nd quarter. Ascent Group LLC now owns 32,440 shares of the company’s stock worth $1,366,000 after purchasing an additional 6,062 shares in the last quarter. Finally, Creative Planning raised its holdings in iShares U.S. Infrastructure ETF by 21.2% during the 2nd quarter. Creative Planning now owns 375,368 shares of the company’s stock worth $15,810,000 after buying an additional 65,544 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA opened at $48.46 on Friday. The stock has a 50 day moving average price of $48.39 and a 200-day moving average price of $46.74. The firm has a market capitalization of $2.66 billion, a PE 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.