iShares U.S. Infrastructure ETF (BATS:IFRA) Stock Holdings Trimmed by Silver Coast Investments LLC

Silver Coast Investments LLC lessened its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,625 shares of the company’s stock after selling 1,990 shares during the period. iShares U.S. Infrastructure ETF comprises 1.2% of Silver Coast Investments LLC’s portfolio, making the stock its 16th largest position. Silver Coast Investments LLC owned 0.12% of iShares U.S. Infrastructure ETF worth $3,130,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Raymond James & Associates lifted its stake in iShares U.S. Infrastructure ETF by 15.2% during the third quarter. Raymond James & Associates now owns 80,442 shares of the company’s stock worth $3,778,000 after purchasing an additional 10,594 shares during the last quarter. Pettinga Financial Advisors LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 0.4% during the third quarter. Pettinga Financial Advisors LLC now owns 94,103 shares of the company’s stock worth $4,420,000 after purchasing an additional 365 shares during the period. Financial Advocates Investment Management bought a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter worth about $102,000. US Bancorp DE boosted its holdings in shares of iShares U.S. Infrastructure ETF by 5.1% in the 3rd quarter. US Bancorp DE now owns 76,584 shares of the company’s stock valued at $3,597,000 after buying an additional 3,719 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of iShares U.S. Infrastructure ETF by 3.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 476,425 shares of the company’s stock valued at $22,378,000 after buying an additional 13,849 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Down 0.3 %

Shares of BATS IFRA opened at $46.61 on Monday. The stock has a 50-day simple moving average of $47.11 and a 200-day simple moving average of $47.36. The company has a market capitalization of $2.56 billion, a PE ratio of 16.71 and a beta of 0.89.

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.