Signal Advisors Wealth LLC Cuts Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Signal Advisors Wealth LLC lowered its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,457 shares of the company’s stock after selling 862 shares during the period. Signal Advisors Wealth LLC’s holdings in iShares U.S. Infrastructure ETF were worth $201,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Axxcess Wealth Management LLC grew its position in shares of iShares U.S. Infrastructure ETF by 3.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 5,870 shares of the company’s stock worth $272,000 after buying an additional 222 shares during the last quarter. Redwood Investment Management LLC boosted its stake in iShares U.S. Infrastructure ETF by 4.7% in the fourth quarter. Redwood Investment Management LLC now owns 5,645 shares of the company’s stock valued at $261,000 after acquiring an additional 255 shares in the last quarter. Beacon Financial Group grew its holdings in iShares U.S. Infrastructure ETF by 0.9% in the fourth quarter. Beacon Financial Group now owns 32,194 shares of the company’s stock worth $1,490,000 after purchasing an additional 274 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 9.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,267 shares of the company’s stock worth $151,000 after purchasing an additional 286 shares during the last quarter. Finally, Csenge Advisory Group increased its position in shares of iShares U.S. Infrastructure ETF by 2.6% during the fourth quarter. Csenge Advisory Group now owns 11,553 shares of the company’s stock worth $535,000 after purchasing an additional 289 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 3.9%

Shares of IFRA opened at $48.61 on Friday. The firm has a market cap of $2.46 billion, a PE ratio of 19.68 and a beta of 0.99. iShares U.S. Infrastructure ETF has a 12 month low of $39.94 and a 12 month high of $51.99. The stock has a fifty day moving average price of $45.76 and a 200-day moving average price of $46.85.

iShares U.S. Infrastructure ETF Company 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.