Envestnet Asset Management Inc. Increases Stock Position in Global Infrastructure Active ETF $RIFR

Envestnet Asset Management Inc. raised its stake in shares of Global Infrastructure Active ETF (NASDAQ:RIFR) by 59.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 463,646 shares of the company’s stock after purchasing an additional 172,308 shares during the quarter. Envestnet Asset Management Inc. owned 0.58% of Global Infrastructure Active ETF worth $12,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Cetera Investment Advisers purchased a new stake in shares of Global Infrastructure Active ETF during the 2nd quarter valued at $2,179,000. Flow Traders U.S. LLC bought a new position in Global Infrastructure Active ETF in the second quarter valued at $427,000. Jane Street Group LLC purchased a new stake in Global Infrastructure Active ETF during the second quarter valued at about $588,000. Finally, Benjamin Edwards Inc. purchased a new stake in Global Infrastructure Active ETF during the second quarter valued at about $270,000.

Global Infrastructure Active ETF Trading Up 0.1%

RIFR opened at $28.81 on Wednesday. The stock has a 50-day moving average price of $26.40 and a 200-day moving average price of $26.05. Global Infrastructure Active ETF has a 12-month low of $24.13 and a 12-month high of $28.88.

Global Infrastructure Active ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Wednesday, December 17th were paid a $0.2518 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a yield of 98.0%.

About Global Infrastructure Active ETF

Russell Investments Exchange Traded Funds – Global Infrastructure Active ETF is an open-end equity mutual fund launched and managed by Russell Investment Management, LLC . The fund is co-managed by Cohen & Steers Capital Management, Inc, Cohen & Steers UK Limited, Cohen & Steers Asia Limited and First Sentier Investors (Australia) IM Ltd. It invests in public equity markets of global region. The fund invests directly and through other funds in stocks of companies operating across ownership or operation of infrastructure assets, such as the physical structures, networks and systems of transportation, energy, water and sewage, medical facilities, government facilities and communication assets sectors.