iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC decreased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 16.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,121 shares of the company’s stock after selling 1,808 shares during the quarter. Arete Wealth Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $428,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IFRA. ORG Partners LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter valued at about $36,000. Brookstone Capital Management lifted its position in iShares U.S. Infrastructure ETF by 7.9% during the 2nd quarter. Brookstone Capital Management now owns 33,139 shares of the company’s stock worth $1,484,000 after acquiring an additional 2,425 shares during the period. Insight Wealth Partners LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 12.9% in the 2nd quarter. Insight Wealth Partners LLC now owns 7,881 shares of the company’s stock valued at $332,000 after purchasing an additional 899 shares during the last quarter. Sutton Place Investors LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 6.4% in the second quarter. Sutton Place Investors LLC now owns 5,330 shares of the company’s stock valued at $225,000 after purchasing an additional 322 shares during the period. Finally, Spectrum Planning & Advisory Services Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF during the second quarter worth approximately $645,000.

iShares U.S. Infrastructure ETF Trading Down 0.9 %

BATS:IFRA opened at $49.08 on Friday. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The firm has a fifty day moving average price of $48.94 and a two-hundred day moving average price of $45.84.

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.