Wealth Management Resources Inc. Sells 1,176 Shares of iShares U.S. Infrastructure ETF (BATS:IFRA)

Wealth Management Resources Inc. decreased its holdings in iShares U.S. Infrastructure ETF (BATS:IFRA) by 5.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,024 shares of the company’s stock after selling 1,176 shares during the quarter. iShares U.S. Infrastructure ETF comprises approximately 0.3% of Wealth Management Resources Inc.’s portfolio, making the stock its 26th biggest position. Wealth Management Resources Inc.’s holdings in iShares U.S. Infrastructure ETF were worth $857,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Cordant Inc. bought a new stake in iShares U.S. Infrastructure ETF during the 1st quarter valued at approximately $30,000. American National Bank & Trust purchased a new position in shares of iShares U.S. Infrastructure ETF in the 1st quarter valued at approximately $35,000. Transce3nd LLC bought a new stake in shares of iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $42,000. Centricity Wealth Management LLC boosted its position in shares of iShares U.S. Infrastructure ETF by 309.5% during the first quarter. Centricity Wealth Management LLC now owns 909 shares of the company’s stock valued at $41,000 after purchasing an additional 687 shares in the last quarter. Finally, Opal Wealth Advisors LLC purchased a new stake in iShares U.S. Infrastructure ETF in the first quarter worth $43,000.

iShares U.S. Infrastructure ETF Trading Up 3.0%

IFRA opened at $48.20 on Thursday. The company has a market cap of $2.49 billion, a price-to-earnings ratio of 19.68 and a beta of 0.99. The stock has a fifty day simple moving average of $47.10 and a two-hundred day simple moving average of $46.58. 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 Company 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.