Eq LLC Sells 376 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Eq LLC lessened its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,879 shares of the company’s stock after selling 376 shares during the quarter. iShares U.S. Infrastructure ETF accounts for approximately 0.7% of Eq LLC’s holdings, making the stock its 28th biggest holding. Eq LLC owned approximately 0.06% of iShares U.S. Infrastructure ETF worth $1,476,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. LPL Financial LLC increased its stake in iShares U.S. Infrastructure ETF by 11.8% in the third 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 during the period. Wharton Business Group LLC boosted its holdings in iShares U.S. Infrastructure ETF by 3.8% during the fourth quarter. Wharton Business Group LLC now owns 1,559,400 shares of the company’s stock valued at $72,185,000 after purchasing an additional 57,600 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of 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 purchasing an additional 36,234 shares during the period. Park Avenue Securities LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 4.4% in the 4th quarter. Park Avenue Securities LLC now owns 720,366 shares of the company’s stock worth $33,346,000 after buying an additional 30,576 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 3.8% during the 3rd quarter. MML Investors Services LLC now owns 630,423 shares of the company’s stock worth $29,611,000 after buying an additional 23,053 shares during the period.

iShares U.S. Infrastructure ETF Trading Up 0.2 %

Shares of IFRA stock opened at $46.88 on Wednesday. The company has a 50 day moving average of $47.11 and a two-hundred day moving average of $47.30. The firm has a market cap of $2.58 billion, a price-to-earnings 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.