iShares U.S. Infrastructure ETF $IFRA Position Cut by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC lessened its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 51.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,054 shares of the company’s stock after selling 54,432 shares during the period. Bouvel Investment Partners LLC owned approximately 0.09% of iShares U.S. Infrastructure ETF worth $2,810,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. Washington Trust Advisors Inc. acquired a new stake in iShares U.S. Infrastructure ETF in the second quarter worth $27,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF in the 1st quarter valued at $26,000. Bayban acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares U.S. Infrastructure ETF in the 4th quarter valued at $29,000. Finally, NBT Bank N A NY increased its position in shares of iShares U.S. Infrastructure ETF by 1,098.1% in the 1st quarter. NBT Bank N A NY now owns 635 shares of the company’s stock valued at $36,000 after buying an additional 582 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Up 0.2%

iShares U.S. Infrastructure ETF stock traded up $0.14 during mid-day trading on Tuesday, hitting $57.24. 310,834 shares of the company’s stock were exchanged, compared to its average volume of 376,355. The firm has a market capitalization of $3.08 billion, a P/E ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a fifty-two week low of $50.66 and a fifty-two week high of $64.25. The company’s 50 day simple moving average is $58.51 and its 200-day simple moving average is $60.04.

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.