iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its position in iShares U.S. Infrastructure ETF (BATS:IFRA) by 22.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,882 shares of the company’s stock after purchasing an additional 32,973 shares during the period. Thrivent Financial for Lutherans owned about 0.33% of iShares U.S. Infrastructure ETF worth $8,543,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in shares of iShares U.S. Infrastructure ETF by 155.2% in the first quarter. Cetera Investment Advisers now owns 501,707 shares of the company’s stock valued at $21,754,000 after purchasing an additional 305,141 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in iShares U.S. Infrastructure ETF during the 2nd quarter valued at $12,791,000. Kestra Investment Management LLC purchased a new position in iShares U.S. Infrastructure ETF during the second quarter worth $11,516,000. Envestnet Asset Management Inc. raised its holdings in shares of iShares U.S. Infrastructure ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 6,913,506 shares of the company’s stock worth $291,197,000 after acquiring an additional 209,698 shares during the last quarter. Finally, Liberty Wealth Management LLC lifted its position in shares of iShares U.S. Infrastructure ETF by 107.2% in the second quarter. Liberty Wealth Management LLC now owns 136,856 shares of the company’s stock valued at $5,764,000 after acquiring an additional 70,816 shares in the last quarter.

iShares U.S. Infrastructure ETF Trading Up 0.7 %

IFRA opened at $51.22 on Friday. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 16.71 and a beta of 0.89. The firm’s 50 day moving average is $47.70 and its two-hundred day moving average is $45.16.

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.