Shira Ridge Wealth Management Sells 9,390 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Shira Ridge Wealth Management lessened its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 11.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,587 shares of the company’s stock after selling 9,390 shares during the period. iShares U.S. Infrastructure ETF accounts for 1.7% of Shira Ridge Wealth Management’s holdings, making the stock its 15th biggest holding. Shira Ridge Wealth Management owned about 0.13% of iShares U.S. Infrastructure ETF worth $3,017,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Warner Financial Inc. increased its stake in iShares U.S. Infrastructure ETF by 0.7% in the fourth quarter. Warner Financial Inc. now owns 38,350 shares of the company’s stock valued at $1,544,000 after purchasing an additional 257 shares in the last quarter. Atlas Private Wealth Management increased its stake in iShares U.S. Infrastructure ETF by 1.5% in the fourth quarter. Atlas Private Wealth Management now owns 18,846 shares of the company’s stock valued at $759,000 after purchasing an additional 272 shares in the last quarter. Raleigh Capital Management Inc. increased its stake in iShares U.S. Infrastructure ETF by 6.9% in the fourth quarter. Raleigh Capital Management Inc. now owns 4,448 shares of the company’s stock valued at $179,000 after purchasing an additional 286 shares in the last quarter. Strategic Blueprint LLC increased its stake in iShares U.S. Infrastructure ETF by 0.6% in the fourth quarter. Strategic Blueprint LLC now owns 53,129 shares of the company’s stock valued at $2,140,000 after purchasing an additional 314 shares in the last quarter. Finally, Sowell Financial Services LLC grew its holdings in shares of iShares U.S. Infrastructure ETF by 0.6% during the fourth quarter. Sowell Financial Services LLC now owns 59,033 shares of the company’s stock valued at $2,377,000 after buying an additional 371 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS IFRA traded up $0.17 during mid-day trading on Tuesday, reaching $41.72. 264,853 shares of the company’s stock traded hands. The company has a market capitalization of $2.29 billion, a PE ratio of 16.71 and a beta of 0.89. The business has a fifty day moving average of $43.13 and a 200-day moving average of $41.49.

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.