Stratos Wealth Partners LTD. Sells 1,729 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Stratos Wealth Partners LTD. lessened its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 14.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,392 shares of the company’s stock after selling 1,729 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares U.S. Infrastructure ETF were worth $468,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IFRA. Bank of America Corp DE lifted its stake in shares of iShares U.S. Infrastructure ETF by 86.2% in the fourth quarter. Bank of America Corp DE now owns 10,016,976 shares of the company’s stock valued at $463,686,000 after buying an additional 4,636,315 shares during the period. LPL Financial LLC lifted its stake in shares of iShares U.S. Infrastructure ETF by 30.9% in the fourth quarter. LPL Financial LLC now owns 2,836,196 shares of the company’s stock valued at $131,287,000 after buying an additional 669,413 shares during the period. Raymond James Financial Inc. bought a new stake in shares of iShares U.S. Infrastructure ETF in the fourth quarter valued at about $19,464,000. Ameriprise Financial Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 32.6% in the fourth quarter. Ameriprise Financial Inc. now owns 857,864 shares of the company’s stock valued at $39,701,000 after buying an additional 211,018 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Infrastructure ETF by 2.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,430,047 shares of the company’s stock valued at $343,937,000 after buying an additional 205,081 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

BATS IFRA opened at $50.68 on Tuesday. The firm has a 50-day simple moving average of $48.35 and a 200 day simple moving average of $46.75. iShares U.S. Infrastructure ETF has a twelve month low of $39.94 and a twelve month high of $51.99. The stock has a market cap of $2.73 billion, a PE ratio of 19.30 and a beta of 0.98.

About iShares U.S. Infrastructure ETF

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.