Legacy Financial Group LLC Decreases Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Legacy Financial Group LLC lessened its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,540 shares of the company’s stock after selling 1,253 shares during the period. Legacy Financial Group LLC owned 0.06% of iShares U.S. Infrastructure ETF worth $1,506,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. Cedar Wealth Management LLC increased its position in shares of iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock worth $122,000 after acquiring an additional 200 shares in the last quarter. One Wealth Advisors LLC boosted its stake in iShares U.S. Infrastructure ETF by 0.5% during the 3rd quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock valued at $2,118,000 after acquiring an additional 211 shares during the last quarter. Concurrent Investment Advisors LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 1.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock worth $669,000 after buying an additional 217 shares during the last quarter. Fullcircle Wealth LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 3.4% in the 3rd quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock worth $330,000 after buying an additional 225 shares during the last quarter. Finally, Tsfg LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 1.0% in the 4th quarter. Tsfg LLC now owns 27,573 shares of the company’s stock worth $1,276,000 after buying an additional 267 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

IFRA stock opened at $48.43 on Monday. The business has a fifty day moving average price of $48.37 and a 200-day moving average price of $46.86. The firm has a market cap of $2.66 billion, a PE ratio of 16.71 and a beta of 0.89.

About iShares U.S. Infrastructure ETF

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.