Global Infrastructure Active ETF (NASDAQ:RIFR – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 1,416 shares, a decrease of 41.5% from the September 30th total of 2,422 shares. Based on an average daily volume of 3,833 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.
Global Infrastructure Active ETF Price Performance
RIFR remained flat at $29.35 during trading on Monday. The company had a trading volume of 4,642 shares, compared to its average volume of 5,154. The stock has a 50 day simple moving average of $27.95 and a 200 day simple moving average of $28.19. Global Infrastructure Active ETF has a twelve month low of $25.49 and a twelve month high of $29.44.
Institutional Trading of Global Infrastructure Active ETF
A number of hedge funds have recently made changes to their positions in RIFR. Envestnet Asset Management Inc. grew its holdings in Global Infrastructure Active ETF by 7.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 573,006 shares of the company’s stock worth $16,324,000 after acquiring an additional 39,684 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Global Infrastructure Active ETF by 28.9% during the 1st quarter. Arkadios Wealth Advisors now owns 346,731 shares of the company’s stock valued at $9,716,000 after acquiring an additional 77,824 shares during the period. Cetera Investment Advisers grew its holdings in Global Infrastructure Active ETF by 14.3% in the first quarter. Cetera Investment Advisers now owns 196,100 shares of the company’s stock worth $5,495,000 after purchasing an additional 24,604 shares during the period. Finally, Baird Financial Group Inc. grew its stake in shares of Global Infrastructure Active ETF by 31.8% in the 2nd quarter. Baird Financial Group Inc. now owns 60,491 shares of the company’s stock valued at $1,723,000 after buying an additional 14,592 shares during the period.
Global Infrastructure Active ETF Company Profile
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.
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