CFS Investment Advisory Services LLC Reduces Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

CFS Investment Advisory Services LLC trimmed its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,329 shares of the company’s stock after selling 1,393 shares during the quarter. CFS Investment Advisory Services LLC owned about 0.12% of iShares U.S. Infrastructure ETF worth $2,978,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of IFRA. RFG Advisory LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 3.9% during the 4th quarter. RFG Advisory LLC now owns 16,031 shares of the company’s stock valued at $742,000 after acquiring an additional 603 shares during the last quarter. Apeiron RIA LLC raised its stake in iShares U.S. Infrastructure ETF by 24.4% during the fourth quarter. Apeiron RIA LLC now owns 33,726 shares of the company’s stock worth $1,561,000 after purchasing an additional 6,619 shares during the period. Endeavor Private Wealth Inc. acquired a new position in iShares U.S. Infrastructure ETF in the 4th quarter valued at about $347,000. Mutual Advisors LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 26.0% in the 4th quarter. Mutual Advisors LLC now owns 14,686 shares of the company’s stock valued at $708,000 after buying an additional 3,031 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 4.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 497,530 shares of the company’s stock worth $23,031,000 after buying an additional 21,105 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 3.5 %

IFRA opened at $48.43 on Friday. The firm has a market capitalization of $2.66 billion, a PE ratio of 16.71 and a beta of 0.89. The firm has a 50 day simple moving average of $48.37 and a 200 day simple moving average of $46.79.

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.