Mascoma Wealth Management LLC Has $130,000 Stock Holdings in iShares U.S. Infrastructure ETF $IFRA

Mascoma Wealth Management LLC lowered its stake in iShares U.S. Infrastructure ETF (BATS:IFRA) by 20.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,635 shares of the company’s stock after selling 698 shares during the period. Mascoma Wealth Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $130,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Elios Financial Group Inc. boosted its position in iShares U.S. Infrastructure ETF by 0.3% in the first quarter. Elios Financial Group Inc. now owns 134,143 shares of the company’s stock valued at $6,046,000 after buying an additional 348 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its position in iShares U.S. Infrastructure ETF by 77.3% in the first quarter. Hazlett Burt & Watson Inc. now owns 920 shares of the company’s stock valued at $43,000 after buying an additional 401 shares in the last quarter. Redwood Investment Management LLC boosted its position in iShares U.S. Infrastructure ETF by 7.2% in the first quarter. Redwood Investment Management LLC now owns 6,054 shares of the company’s stock valued at $273,000 after buying an additional 409 shares in the last quarter. Parallel Advisors LLC boosted its position in iShares U.S. Infrastructure ETF by 18.7% in the first quarter. Parallel Advisors LLC now owns 2,965 shares of the company’s stock valued at $134,000 after buying an additional 467 shares in the last quarter. Finally, Clifford Group LLC boosted its position in iShares U.S. Infrastructure ETF by 4.9% in the first quarter. Clifford Group LLC now owns 10,472 shares of the company’s stock valued at $472,000 after buying an additional 490 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of iShares U.S. Infrastructure ETF stock opened at $52.96 on Friday. iShares U.S. Infrastructure ETF has a fifty-two week low of $39.94 and a fifty-two week high of $51.99. The firm has a market capitalization of $2.85 billion, a P/E ratio of 19.30 and a beta of 0.98. The company’s 50 day moving average price is $51.68 and its two-hundred day moving average price is $48.69.

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.