Wealthcare Capital Management LLC Trims Stock Position in iShares U.S. Infrastructure ETF $IFRA

Wealthcare Capital Management LLC cut its holdings in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 21.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,204 shares of the company’s stock after selling 1,740 shares during the period. Wealthcare Capital Management LLC’s holdings in iShares U.S. Infrastructure ETF were worth $305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. UMB Bank n.a. purchased a new position in shares of iShares U.S. Infrastructure ETF during the 2nd quarter valued at about $29,000. Cordant Inc. acquired a new stake in iShares U.S. Infrastructure ETF during the first quarter worth about $30,000. Financial Gravity Asset Management Inc. purchased a new position in iShares U.S. Infrastructure ETF during the first quarter valued at approximately $32,000. Zions Bancorporation National Association UT acquired a new position in iShares U.S. Infrastructure ETF in the first quarter valued at approximately $35,000. Finally, Centricity Wealth Management LLC boosted its position in iShares U.S. Infrastructure ETF by 309.5% in the 1st quarter. Centricity Wealth Management LLC now owns 909 shares of the company’s stock worth $41,000 after purchasing an additional 687 shares in the last quarter.

iShares U.S. Infrastructure ETF Price Performance

Shares of BATS IFRA opened at $52.96 on Friday. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. The firm’s 50 day simple moving average is $51.68 and its 200-day simple moving average is $48.69. iShares U.S. Infrastructure ETF has a 12 month low of $39.94 and a 12 month high of $51.99.

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.