Mount Yale Investment Advisors LLC Sells 800 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Mount Yale Investment Advisors LLC decreased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 6.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,319 shares of the company’s stock after selling 800 shares during the period. Mount Yale Investment Advisors LLC’s holdings in iShares U.S. Infrastructure ETF were worth $477,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IFRA. Clear Creek Financial Management LLC raised its stake in iShares U.S. Infrastructure ETF by 4.6% in the 1st quarter. Clear Creek Financial Management LLC now owns 5,763 shares of the company’s stock valued at $250,000 after acquiring an additional 253 shares during the period. W Advisors LLC raised its position in shares of iShares U.S. Infrastructure ETF by 3.4% in the second quarter. W Advisors LLC now owns 7,689 shares of the company’s stock valued at $324,000 after purchasing an additional 254 shares during the period. J.W. Cole Advisors Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 1.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 26,789 shares of the company’s stock worth $1,128,000 after buying an additional 271 shares during the last quarter. Raleigh Capital Management Inc. boosted its holdings in shares of iShares U.S. Infrastructure ETF by 6.9% during the 4th quarter. Raleigh Capital Management Inc. now owns 4,448 shares of the company’s stock worth $179,000 after buying an additional 286 shares during the period. Finally, Marks Group Wealth Management Inc boosted its holdings in shares of iShares U.S. Infrastructure ETF by 5.4% during the 1st quarter. Marks Group Wealth Management Inc now owns 5,558 shares of the company’s stock worth $241,000 after buying an additional 286 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

iShares U.S. Infrastructure ETF stock opened at $46.92 on Tuesday. The company has a market cap of $2.58 billion, a PE ratio of 16.71 and a beta of 0.89. The firm has a fifty day moving average of $44.89 and a 200-day moving average of $43.50.

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.