Stokes Family Office LLC Sells 3,081 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Stokes Family Office LLC lowered its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,632 shares of the company’s stock after selling 3,081 shares during the quarter. Stokes Family Office LLC’s holdings in iShares U.S. Infrastructure ETF were worth $4,056,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans grew its position in shares of iShares U.S. Infrastructure ETF by 1.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 184,102 shares of the company’s stock worth $9,274,000 after buying an additional 2,220 shares during the period. Axxcess Wealth Management LLC lifted its stake in iShares U.S. Infrastructure ETF by 3.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 5,870 shares of the company’s stock valued at $272,000 after acquiring an additional 222 shares in the last quarter. Flagship Wealth Advisors LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter worth $46,000. Arrien Investments Inc. bought a new stake in shares of iShares U.S. Infrastructure ETF during the 4th quarter worth $1,650,000. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in iShares U.S. Infrastructure ETF by 2.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 1,061,486 shares of the company’s stock worth $49,136,000 after acquiring an additional 24,660 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of IFRA opened at $45.69 on Wednesday. The firm has a market cap of $2.35 billion, a P/E ratio of 19.01 and a beta of 1.05. iShares U.S. Infrastructure ETF has a fifty-two week low of $40.93 and a fifty-two week high of $51.99. The business has a 50-day moving average of $46.86 and a 200 day moving average of $47.40.

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.