Northwest Capital Management Inc Sells 3,689 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Northwest Capital Management Inc cut its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,387 shares of the company’s stock after selling 3,689 shares during the period. iShares U.S. Infrastructure ETF makes up about 1.2% of Northwest Capital Management Inc’s portfolio, making the stock its 20th biggest holding. Northwest Capital Management Inc’s holdings in iShares U.S. Infrastructure ETF were worth $2,795,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IFRA. LPL Financial LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 11.8% in the 3rd quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock worth $101,774,000 after buying an additional 227,962 shares in the last quarter. Wharton Business Group LLC grew its position in iShares U.S. Infrastructure ETF by 3.8% in the fourth quarter. Wharton Business Group LLC now owns 1,559,400 shares of the company’s stock worth $72,185,000 after acquiring an additional 57,600 shares in the last quarter. JPMorgan Chase & Co. increased its stake 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 acquiring an additional 36,234 shares during the last quarter. Park Avenue Securities LLC raised its position in iShares U.S. Infrastructure ETF by 4.4% during the fourth quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock valued at $33,346,000 after purchasing an additional 30,576 shares during the period. Finally, MML Investors Services LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 3.8% in the 3rd quarter. MML Investors Services LLC now owns 630,423 shares of the company’s stock valued at $29,611,000 after purchasing an additional 23,053 shares during the last quarter.

iShares U.S. Infrastructure ETF Trading Down 0.1 %

Shares of iShares U.S. Infrastructure ETF stock opened at $46.74 on Monday. The stock has a market cap of $2.57 billion, a PE ratio of 16.71 and a beta of 0.89. The business has a 50 day moving average of $47.17 and a 200 day moving average of $47.25.

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.