Firethorn Wealth Partners LLC Sells 227 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Firethorn Wealth Partners LLC lowered its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,561 shares of the company’s stock after selling 227 shares during the period. Firethorn Wealth Partners LLC’s holdings in iShares U.S. Infrastructure ETF were worth $535,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. LPL Financial LLC grew its holdings 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 valued at $101,774,000 after acquiring an additional 227,962 shares in the last quarter. JPMorgan Chase & Co. increased 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 acquiring an additional 36,234 shares during the period. Wharton Business Group LLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 37.5% in the third quarter. Wharton Business Group LLC now owns 1,501,800 shares of the company’s stock valued at $70,540,000 after buying an additional 409,880 shares during the period. CWM LLC increased its position in shares of iShares U.S. Infrastructure ETF by 1.5% in the third quarter. CWM LLC now owns 880,524 shares of the company’s stock worth $41,358,000 after purchasing an additional 13,426 shares during the period. Finally, Park Avenue Securities LLC lifted its holdings in shares of iShares U.S. Infrastructure ETF by 4.4% during the 4th quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock worth $33,346,000 after acquiring an additional 30,576 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

iShares U.S. Infrastructure ETF stock opened at $48.43 on Friday. The firm has a market capitalization of $2.66 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business has a 50 day moving average of $48.37 and a 200 day moving average of $46.79.

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.