ALPS Electrification Infrastructure ETF $ELFY Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its stake in shares of ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) by 6,816.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 592,370 shares of the company’s stock after purchasing an additional 583,805 shares during the quarter. Thrivent Financial for Lutherans owned about 18.34% of ALPS Electrification Infrastructure ETF worth $20,851,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Noble Wealth Management PBC increased its holdings in ALPS Electrification Infrastructure ETF by 1,496.6% in the fourth quarter. Noble Wealth Management PBC now owns 7,983 shares of the company’s stock valued at $281,000 after buying an additional 7,483 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in shares of ALPS Electrification Infrastructure ETF in the 3rd quarter worth about $390,000. BXM Wealth LLC purchased a new stake in shares of ALPS Electrification Infrastructure ETF in the 4th quarter worth about $470,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of ALPS Electrification Infrastructure ETF in the 4th quarter worth about $749,000. Finally, Citadel Advisors LLC purchased a new stake in shares of ALPS Electrification Infrastructure ETF in the 3rd quarter worth about $780,000.

ALPS Electrification Infrastructure ETF Stock Performance

ALPS Electrification Infrastructure ETF stock opened at $43.95 on Monday. The stock has a fifty day moving average of $41.43 and a two-hundred day moving average of $38.78. The company has a market capitalization of $181.95 million, a price-to-earnings ratio of 21.95 and a beta of 1.64. ALPS Electrification Infrastructure ETF has a fifty-two week low of $29.76 and a fifty-two week high of $45.11.

ALPS Electrification Infrastructure ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Thursday, March 19th were issued a $0.1046 dividend. The ex-dividend date was Thursday, March 19th. This represents a $0.42 annualized dividend and a yield of 1.0%.

About ALPS Electrification Infrastructure ETF

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.