B. Riley Wealth Advisors Inc. Sells 12,381 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

B. Riley Wealth Advisors Inc. lowered its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 22.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,884 shares of the company’s stock after selling 12,381 shares during the period. B. Riley Wealth Advisors Inc. owned 0.08% of iShares U.S. Infrastructure ETF worth $1,687,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in shares of iShares U.S. Infrastructure ETF by 2.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,993,830 shares of the company’s stock worth $281,642,000 after buying an additional 163,064 shares during the last quarter. Scarborough Advisors LLC raised its stake in shares of iShares U.S. Infrastructure ETF by 1,247.5% in the 4th quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock valued at $46,789,000 after acquiring an additional 1,075,667 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares U.S. Infrastructure ETF by 5.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 977,037 shares of the company’s stock worth $39,345,000 after purchasing an additional 52,965 shares during the last quarter. CWM LLC boosted its position in iShares U.S. Infrastructure ETF by 2.9% during the fourth quarter. CWM LLC now owns 887,402 shares of the company’s stock worth $35,736,000 after purchasing an additional 25,254 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in iShares U.S. Infrastructure ETF by 35.7% during the fourth quarter. Hsbc Holdings PLC now owns 680,734 shares of the company’s stock valued at $27,413,000 after purchasing an additional 179,229 shares during the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of iShares U.S. Infrastructure ETF stock opened at $42.31 on Wednesday. The business has a fifty day moving average price of $43.08 and a two-hundred day moving average price of $41.26. The firm has a market capitalization of $2.32 billion, a PE ratio of 16.71 and a beta of 0.89.

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.