Moors & Cabot Inc. Lowers Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Moors & Cabot Inc. cut its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 4.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,617 shares of the company’s stock after selling 443 shares during the period. Moors & Cabot Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $376,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich raised its holdings in iShares U.S. Infrastructure ETF by 98,060.2% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 10,650,379 shares of the company’s stock valued at $416,217,000 after acquiring an additional 10,639,529 shares during the period. Pictet Asset Management SA raised its holdings in iShares U.S. Infrastructure ETF by 137.1% during the first quarter. Pictet Asset Management SA now owns 1,161,050 shares of the company’s stock valued at $43,330,000 after acquiring an additional 671,292 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares U.S. Infrastructure ETF by 2,936,431.8% during the fourth quarter. JPMorgan Chase & Co. now owns 646,037 shares of the company’s stock valued at $23,425,000 after acquiring an additional 646,015 shares during the period. Sumitomo Life Insurance Co. bought a new stake in iShares U.S. Infrastructure ETF during the second quarter valued at about $15,121,000. Finally, Envestnet Asset Management Inc. raised its holdings in iShares U.S. Infrastructure ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 7,514,772 shares of the company’s stock valued at $293,677,000 after acquiring an additional 307,743 shares during the period.

iShares U.S. Infrastructure ETF Trading Up 0.8 %

BATS:IFRA opened at $37.46 on Friday. The firm’s 50 day simple moving average is $36.46 and its 200-day simple moving average is $37.73. The company has a market capitalization of $2.00 billion, a PE ratio of 15.08 and a beta of 1.03.

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.