ALPS Electrification Infrastructure ETF $ELFY Position Increased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its stake in ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) by 6,816.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 592,370 shares of the company’s stock after purchasing an additional 583,805 shares during the period. Thrivent Financial for Lutherans owned 0.18% of ALPS Electrification Infrastructure ETF worth $20,851,000 at the end of the most recent reporting period.

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

ALPS Electrification Infrastructure ETF Price Performance

NASDAQ ELFY opened at $43.95 on Monday. The company has a 50 day simple moving average of $41.43 and a 200-day simple moving average of $38.78. The firm 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 52-week low of $29.76 and a 52-week high of $45.11.

ALPS Electrification Infrastructure ETF Cuts Dividend

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

ALPS Electrification Infrastructure ETF Company Profile

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.