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

Thrivent Financial for Lutherans lifted its stake in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 62.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 104,891 shares of the company’s stock after acquiring an additional 40,410 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares U.S. Infrastructure ETF were worth $5,540,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IFRA. Root Financial Partners LLC purchased a new stake in iShares U.S. Infrastructure ETF during the 3rd quarter worth about $32,000. Activest Wealth Management purchased a new position in shares of iShares U.S. Infrastructure ETF in the 3rd quarter valued at about $34,000. Mather Group LLC. acquired a new position in shares of iShares U.S. Infrastructure ETF during the third quarter worth about $34,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares U.S. Infrastructure ETF during the second quarter worth about $34,000. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of iShares U.S. Infrastructure ETF during the second quarter worth approximately $35,000.

iShares U.S. Infrastructure ETF Stock Up 25.4%

Shares of iShares U.S. Infrastructure ETF stock opened at $58.63 on Friday. iShares U.S. Infrastructure ETF has a 52-week low of $39.94 and a 52-week high of $51.99. The company has a market capitalization of $3.15 billion, a P/E ratio of 19.30 and a beta of 0.98. The company has a 50 day moving average of $54.57 and a 200 day moving average of $52.97.

About iShares U.S. Infrastructure ETF

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.