Northwest Capital Management Inc Sells 376 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Northwest Capital Management Inc lessened its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 0.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,076 shares of the company’s stock after selling 376 shares during the period. iShares U.S. Infrastructure ETF comprises approximately 1.1% of Northwest Capital Management Inc’s investment portfolio, making the stock its 22nd largest holding. Northwest Capital Management Inc owned 0.12% of iShares U.S. Infrastructure ETF worth $3,010,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Zions Bancorporation N.A. bought a new position in shares of iShares U.S. Infrastructure ETF in the 2nd quarter valued at about $33,000. ORG Partners LLC bought a new position in iShares U.S. Infrastructure ETF during the second quarter worth about $36,000. Deane Retirement Strategies Inc. acquired a new position in iShares U.S. Infrastructure ETF during the second quarter worth approximately $52,000. LGT Financial Advisors LLC raised its stake in iShares U.S. Infrastructure ETF by 36.6% in the second quarter. LGT Financial Advisors LLC now owns 1,302 shares of the company’s stock valued at $55,000 after buying an additional 349 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of iShares U.S. Infrastructure ETF in the second quarter valued at approximately $65,000.

iShares U.S. Infrastructure ETF Price Performance

IFRA stock opened at $46.67 on Wednesday. The business’s fifty day simple moving average is $45.26 and its 200 day simple moving average is $43.89. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89.

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.