Allen Capital Group LLC Has $530,000 Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Allen Capital Group LLC cut its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 19.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,167 shares of the company’s stock after selling 3,185 shares during the quarter. Allen Capital Group LLC’s holdings in iShares U.S. Infrastructure ETF were worth $530,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Warner Financial Inc. lifted its position in shares of iShares U.S. Infrastructure ETF by 0.7% in the fourth quarter. Warner Financial Inc. now owns 38,350 shares of the company’s stock valued at $1,544,000 after buying an additional 257 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of iShares U.S. Infrastructure ETF by 1.2% during the fourth quarter. Captrust Financial Advisors now owns 22,884 shares of the company’s stock worth $830,000 after purchasing an additional 271 shares during the period. Atlas Private Wealth Management increased its stake in shares of iShares U.S. Infrastructure ETF by 1.5% during the fourth quarter. Atlas Private Wealth Management now owns 18,846 shares of the company’s stock worth $759,000 after purchasing an additional 272 shares during the period. Brookstone Capital Management increased its stake in shares of iShares U.S. Infrastructure ETF by 1.1% during the third quarter. Brookstone Capital Management now owns 27,677 shares of the company’s stock worth $980,000 after purchasing an additional 307 shares during the period. Finally, Strategic Blueprint LLC increased its stake in shares of iShares U.S. Infrastructure ETF by 0.6% during the fourth quarter. Strategic Blueprint LLC now owns 53,129 shares of the company’s stock worth $2,140,000 after purchasing an additional 314 shares during the period.

iShares U.S. Infrastructure ETF Stock Performance

iShares U.S. Infrastructure ETF stock opened at $41.23 on Wednesday. The business’s 50 day moving average is $41.39 and its two-hundred day moving average is $39.06. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 15.08 and a beta of 1.03.

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.