Eaton Financial Holdings Company LLC Trims Stake in iShares U.S. Infrastructure ETF (BATS:IFRA)

Eaton Financial Holdings Company LLC lowered its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,490 shares of the company’s stock after selling 309 shares during the quarter. Eaton Financial Holdings Company LLC owned 0.05% of iShares U.S. Infrastructure ETF worth $1,273,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cedar Wealth Management LLC raised its position in 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 valued at $122,000 after purchasing an additional 200 shares during the period. Gries Financial LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 0.5% in the 4th quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock valued at $1,849,000 after buying an additional 207 shares during the period. Spectrum Planning & Advisory Services Inc. raised its holdings in shares of iShares U.S. Infrastructure ETF by 1.5% in the 4th quarter. Spectrum Planning & Advisory Services Inc. now owns 15,409 shares of the company’s stock valued at $713,000 after buying an additional 234 shares during the period. W Advisors LLC raised its holdings in shares of iShares U.S. Infrastructure ETF by 3.6% in the 4th quarter. W Advisors LLC now owns 7,066 shares of the company’s stock valued at $327,000 after buying an additional 247 shares during the period. Finally, Tsfg LLC raised its holdings 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 valued at $1,276,000 after buying an additional 267 shares during the period.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $45.92 on Monday. The stock has a market cap of $2.36 billion, a P/E ratio of 19.01 and a beta of 1.05. The company has a 50-day moving average price of $46.88 and a two-hundred day moving average price of $47.39.

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.