Thrivent Financial for Lutherans Has $9.27 Million Position in iShares U.S. Infrastructure ETF (BATS:IFRA)

Thrivent Financial for Lutherans lifted its position in shares of iShares U.S. Infrastructure ETF (BATS:IFRA) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 184,102 shares of the company’s stock after buying an additional 2,220 shares during the period. Thrivent Financial for Lutherans owned about 0.34% of iShares U.S. Infrastructure ETF worth $9,274,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of IFRA. Raymond James Financial Inc. acquired a new position in shares of iShares U.S. Infrastructure ETF during the fourth quarter worth about $19,464,000. LPL Financial LLC boosted its position in iShares U.S. Infrastructure ETF by 11.8% during the third quarter. LPL Financial LLC now owns 2,166,783 shares of the company’s stock valued at $101,774,000 after purchasing an additional 227,962 shares during the last quarter. Haven Private LLC acquired a new position in iShares U.S. Infrastructure ETF during the fourth quarter valued at approximately $7,407,000. Wharton Business Group LLC boosted its position in iShares U.S. Infrastructure ETF by 3.8% during the fourth quarter. Wharton Business Group LLC now owns 1,559,400 shares of the company’s stock valued at $72,185,000 after purchasing an additional 57,600 shares during the last quarter. Finally, Scarborough Advisors LLC boosted its position in iShares U.S. Infrastructure ETF by 100.5% during the fourth quarter. Scarborough Advisors LLC now owns 109,457 shares of the company’s stock valued at $5,067,000 after purchasing an additional 54,853 shares during the last quarter.

iShares U.S. Infrastructure ETF Stock Performance

Shares of BATS IFRA opened at $45.39 on Friday. The stock has a 50 day moving average price of $46.85 and a 200 day moving average price of $47.40. iShares U.S. Infrastructure ETF has a 52 week low of $40.93 and a 52 week high of $51.99. The stock has a market capitalization of $2.19 billion, a PE ratio of 19.03 and a beta of 1.05.

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.