Detalus Advisors LLC Sells 881 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Detalus Advisors LLC trimmed its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,613 shares of the company’s stock after selling 881 shares during the quarter. iShares U.S. Infrastructure ETF comprises approximately 0.6% of Detalus Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Detalus Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $1,973,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in iShares U.S. Infrastructure ETF by 2.4% during the third quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock worth $71,487,000 after purchasing an additional 36,234 shares during the period. Stratos Wealth Partners LTD. boosted its position in iShares U.S. Infrastructure ETF by 79.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 12,121 shares of the company’s stock worth $561,000 after purchasing an additional 5,385 shares during the period. Allworth Financial LP boosted its position in iShares U.S. Infrastructure ETF by 3.3% during the fourth quarter. Allworth Financial LP now owns 9,179 shares of the company’s stock worth $445,000 after purchasing an additional 289 shares during the period. Benjamin Edwards Inc. bought a new position in iShares U.S. Infrastructure ETF during the third quarter worth $400,000. Finally, Jane Street Group LLC bought a new position in iShares U.S. Infrastructure ETF during the third quarter worth $224,000.

iShares U.S. Infrastructure ETF Stock Performance

IFRA stock opened at $46.61 on Monday. The stock’s 50 day moving average is $47.11 and its two-hundred day moving average is $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.