iShares U.S. Infrastructure ETF $IFRA Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 62.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 104,891 shares of the company’s stock after buying an additional 40,410 shares during the quarter. Thrivent Financial for Lutherans owned about 0.19% of iShares U.S. Infrastructure ETF worth $5,540,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares U.S. Infrastructure ETF during the 3rd quarter worth approximately $500,000. Atlantic Union Bankshares Corp acquired a new position in iShares U.S. Infrastructure ETF during the second quarter worth $83,000. Centaurus Financial Inc. lifted its stake in iShares U.S. Infrastructure ETF by 162.2% during the second quarter. Centaurus Financial Inc. now owns 26,770 shares of the company’s stock worth $1,317,000 after purchasing an additional 16,559 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of iShares U.S. Infrastructure ETF during the second quarter worth $253,000. Finally, Citizens Financial Group Inc. RI grew its stake in shares of iShares U.S. Infrastructure ETF by 15.5% in the second quarter. Citizens Financial Group Inc. RI now owns 7,312 shares of the company’s stock valued at $360,000 after buying an additional 981 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 25.4%

IFRA stock opened at $58.63 on Friday. The business’s fifty day moving average price is $54.57 and its 200 day moving average price is $52.97. iShares U.S. Infrastructure ETF has a 12-month low of $39.94 and a 12-month high of $51.99. The company has a market capitalization of $3.15 billion, a PE ratio of 19.30 and a beta of 0.98.

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.