Crescent Grove Advisors LLC Sells 12,500 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Crescent Grove Advisors LLC lowered its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 50.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,200 shares of the company’s stock after selling 12,500 shares during the quarter. Crescent Grove Advisors LLC’s holdings in iShares Global Infrastructure ETF were worth $574,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IGF. Money Concepts Capital Corp boosted its stake in shares of iShares Global Infrastructure ETF by 769.3% in the 4th quarter. Money Concepts Capital Corp now owns 652 shares of the company’s stock valued at $30,000 after purchasing an additional 577 shares during the last quarter. Ancora Advisors LLC boosted its stake in iShares Global Infrastructure ETF by 73.5% during the 3rd quarter. Ancora Advisors LLC now owns 708 shares of the company’s stock worth $31,000 after acquiring an additional 300 shares during the last quarter. Eagle Bay Advisors LLC bought a new position in iShares Global Infrastructure ETF during the 2nd quarter worth approximately $32,000. Valley National Advisers Inc. boosted its stake in iShares Global Infrastructure ETF by 376.5% during the 4th quarter. Valley National Advisers Inc. now owns 1,096 shares of the company’s stock worth $51,000 after acquiring an additional 866 shares during the last quarter. Finally, Alaska Wealth Advisors bought a new position in iShares Global Infrastructure ETF during the 4th quarter worth approximately $76,000.

iShares Global Infrastructure ETF Stock Down 1.3 %

iShares Global Infrastructure ETF stock traded down $0.61 during midday trading on Tuesday, hitting $45.21. 52,878 shares of the stock were exchanged, compared to its average volume of 397,578. The company has a fifty day simple moving average of $46.18 and a two-hundred day simple moving average of $45.38. iShares Global Infrastructure ETF has a 52 week low of $40.38 and a 52 week high of $49.25. The stock has a market capitalization of $3.38 billion, a PE ratio of 20.87 and a beta of 0.80.

iShares Global Infrastructure ETF Profile

The iShares Global Infrastructure ETF (IGF) is an exchange-traded fund that is based on the S&P Global Infrastructure index, a market-cap-weighted index of global infrastructure companies. IGF was launched on Dec 10, 2007 and is managed by BlackRock.