Bank Julius Baer & Co. Ltd Zurich Has $429,000 Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Bank Julius Baer & Co. Ltd Zurich reduced its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,650 shares of the company’s stock after selling 333 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares U.S. Infrastructure ETF were worth $429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IFRA. Criterion Capital Advisors LLC bought a new stake in iShares U.S. Infrastructure ETF during the 4th quarter worth approximately $29,000. ORG Partners LLC grew its holdings in iShares U.S. Infrastructure ETF by 1,742.6% during the 4th quarter. ORG Partners LLC now owns 1,124 shares of the company’s stock worth $45,000 after acquiring an additional 1,063 shares during the last quarter. Financial Advocates Investment Management bought a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $49,000. Aptus Capital Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 6,707.1% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,906 shares of the company’s stock worth $70,000 after acquiring an additional 1,878 shares during the last quarter. Finally, Sound Income Strategies LLC grew its holdings in iShares U.S. Infrastructure ETF by 410.0% during the 4th quarter. Sound Income Strategies LLC now owns 2,035 shares of the company’s stock worth $82,000 after acquiring an additional 1,636 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 0.4 %

IFRA opened at $42.53 on Friday. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 15.97 and a beta of 0.89. The stock’s fifty day simple moving average is $41.79 and its 200 day simple moving average is $39.36.

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.