Kickstand Ventures LLC. Sells 998 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Kickstand Ventures LLC. lowered its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,447 shares of the company’s stock after selling 998 shares during the quarter. Kickstand Ventures LLC.’s holdings in iShares U.S. Infrastructure ETF were worth $808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in IFRA. Cedar Wealth Management LLC raised its stake in iShares U.S. Infrastructure ETF by 8.3% in the third quarter. Cedar Wealth Management LLC now owns 2,600 shares of the company’s stock valued at $122,000 after buying an additional 200 shares during the last quarter. Gries Financial LLC raised its stake in iShares U.S. Infrastructure ETF by 0.5% in the fourth quarter. Gries Financial LLC now owns 39,950 shares of the company’s stock valued at $1,849,000 after buying an additional 207 shares during the last quarter. One Wealth Advisors LLC raised its stake in iShares U.S. Infrastructure ETF by 0.5% in the third quarter. One Wealth Advisors LLC now owns 45,089 shares of the company’s stock valued at $2,118,000 after buying an additional 211 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in iShares U.S. Infrastructure ETF by 1.5% in the third quarter. Concurrent Investment Advisors LLC now owns 14,244 shares of the company’s stock valued at $669,000 after buying an additional 217 shares during the last quarter. Finally, Fullcircle Wealth LLC raised its stake in iShares U.S. Infrastructure ETF by 3.4% in the third quarter. Fullcircle Wealth LLC now owns 6,939 shares of the company’s stock valued at $330,000 after buying an additional 225 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

iShares U.S. Infrastructure ETF stock opened at $47.35 on Thursday. The company has a 50 day simple moving average of $47.47 and a 200-day simple moving average of $47.10. The stock has a market capitalization of $2.60 billion, a PE ratio of 16.71 and a beta of 0.89.

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.