Sigma Planning Corp Cuts Stock Holdings in iShares U.S. Infrastructure ETF (BATS:IFRA)

Sigma Planning Corp reduced its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,832 shares of the company’s stock after selling 660 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Infrastructure ETF were worth $744,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in iShares U.S. Infrastructure ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock worth $291,197,000 after purchasing an additional 209,698 shares in the last quarter. LPL Financial LLC increased its holdings in iShares U.S. Infrastructure ETF by 2.8% in the second quarter. LPL Financial LLC now owns 1,938,821 shares of the company’s stock valued at $81,663,000 after buying an additional 52,669 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in iShares U.S. Infrastructure ETF by 2.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 992,639 shares of the company’s stock valued at $41,810,000 after buying an additional 28,235 shares in the last quarter. CWM LLC increased its holdings in iShares U.S. Infrastructure ETF by 1.5% in the third quarter. CWM LLC now owns 880,524 shares of the company’s stock valued at $41,358,000 after buying an additional 13,426 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in iShares U.S. Infrastructure ETF by 0.4% in the second quarter. Park Avenue Securities LLC now owns 700,644 shares of the company’s stock valued at $29,511,000 after buying an additional 2,848 shares in the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of iShares U.S. Infrastructure ETF stock opened at $49.55 on Thursday. The stock has a market capitalization of $2.72 billion, a PE ratio of 16.71 and a beta of 0.89. The firm has a 50-day moving average of $47.03 and a 200-day moving average of $44.88.

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.