iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 0.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 675,260 shares of the company’s stock after selling 4,057 shares during the quarter. Hsbc Holdings PLC owned approximately 1.23% of iShares U.S. Infrastructure ETF worth $28,442,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Scarborough Advisors LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 1,247.5% in the fourth quarter. Scarborough Advisors LLC now owns 1,161,893 shares of the company’s stock worth $46,789,000 after acquiring an additional 1,075,667 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares U.S. Infrastructure ETF by 155.2% in the 1st quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock valued at $21,754,000 after purchasing an additional 305,141 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock valued at $291,197,000 after purchasing an additional 209,698 shares during the last quarter. AlphaQ Advisors LLC purchased a new stake in shares of iShares U.S. Infrastructure ETF during the 1st quarter valued at $4,188,000. Finally, Principal Financial Group Inc. acquired a new stake in shares of iShares U.S. Infrastructure ETF during the 1st quarter worth $3,979,000.

iShares U.S. Infrastructure ETF Stock Down 0.0 %

Shares of IFRA opened at $46.77 on Friday. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The business has a fifty day moving average price of $44.83 and a two-hundred day moving average price of $43.45.

iShares U.S. Infrastructure ETF 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.