iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Sold by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV cut its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 12.3% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 122,693 shares of the company’s stock after selling 17,159 shares during the period. Mercer Global Advisors Inc. ADV owned approximately 0.22% of iShares U.S. Infrastructure ETF worth $5,168,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IFRA. Scarborough Advisors LLC increased its position in shares of iShares U.S. Infrastructure ETF by 1,247.5% during 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 increased its holdings in iShares U.S. Infrastructure ETF by 155.2% during the 1st quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock worth $21,754,000 after purchasing an additional 305,141 shares during the last quarter. Envestnet Asset Management Inc. raised its position 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 in the last quarter. Hsbc Holdings PLC boosted its stake in shares of iShares U.S. Infrastructure ETF by 35.7% during the 4th quarter. Hsbc Holdings PLC now owns 680,734 shares of the company’s stock valued at $27,413,000 after buying an additional 179,229 shares during the last quarter. Finally, AlphaQ Advisors LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF during the first quarter worth approximately $4,188,000.

iShares U.S. Infrastructure ETF Trading Down 0.0 %

Shares of BATS:IFRA opened at $46.77 on Friday. The company has a market capitalization of $2.57 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The stock has a 50-day moving average of $44.83 and a two-hundred day moving average of $43.45.

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.