First Horizon Advisors Inc. Decreases Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

First Horizon Advisors Inc. decreased its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 20.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,536 shares of the company’s stock after selling 6,146 shares during the period. First Horizon Advisors Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $1,136,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in iShares U.S. Infrastructure ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,521,971 shares of the company’s stock valued at $71,487,000 after acquiring an additional 36,234 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of iShares U.S. Infrastructure ETF by 79.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 12,121 shares of the company’s stock valued at $561,000 after purchasing an additional 5,385 shares in the last quarter. Allworth Financial LP grew its position in shares of iShares U.S. Infrastructure ETF by 3.3% in the fourth quarter. Allworth Financial LP now owns 9,179 shares of the company’s stock valued at $445,000 after purchasing an additional 289 shares during the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF in the third quarter valued at approximately $400,000. Finally, Jane Street Group LLC purchased a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $224,000.

iShares U.S. Infrastructure ETF Price Performance

Shares of iShares U.S. Infrastructure ETF stock opened at $46.74 on Monday. The stock’s 50-day moving average is $47.17 and its 200 day moving average is $47.25. The firm has a market cap of $2.57 billion, a P/E 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.