Keeler & Nadler Financial Planning & Wealth Management Sells 35,557 Shares of iShares U.S. Infrastructure ETF $IFRA

Keeler & Nadler Financial Planning & Wealth Management decreased its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 59.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,529 shares of the company’s stock after selling 35,557 shares during the quarter. Keeler & Nadler Financial Planning & Wealth Management’s holdings in iShares U.S. Infrastructure ETF were worth $1,296,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Schmidt P J Investment Management Inc. boosted its holdings in shares of iShares U.S. Infrastructure ETF by 4.2% during the 2nd quarter. Schmidt P J Investment Management Inc. now owns 5,135 shares of the company’s stock valued at $253,000 after purchasing an additional 207 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in iShares U.S. Infrastructure ETF by 5.0% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,409 shares of the company’s stock valued at $286,000 after buying an additional 260 shares during the last quarter. Everpar Advisors LLC grew its holdings in iShares U.S. Infrastructure ETF by 4.1% during the 3rd quarter. Everpar Advisors LLC now owns 8,181 shares of the company’s stock valued at $432,000 after buying an additional 322 shares in the last quarter. Moors & Cabot Inc. grew its holdings in iShares U.S. Infrastructure ETF by 3.9% during the 2nd quarter. Moors & Cabot Inc. now owns 8,870 shares of the company’s stock valued at $436,000 after buying an additional 329 shares in the last quarter. Finally, Riverbend Wealth Management LLC increased its stake in iShares U.S. Infrastructure ETF by 3.2% in the 2nd quarter. Riverbend Wealth Management LLC now owns 11,196 shares of the company’s stock worth $551,000 after acquiring an additional 349 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Up 19.6%

iShares U.S. Infrastructure ETF stock traded up $9.17 during mid-day trading on Tuesday, reaching $55.94. 947,909 shares of the company’s stock traded hands, compared to its average volume of 355,756. iShares U.S. Infrastructure ETF has a 12-month low of $39.94 and a 12-month high of $51.99. The stock has a 50 day moving average of $53.28 and a two-hundred day moving average of $52.37. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98.

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.