Telemus Capital LLC Boosts Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Telemus Capital LLC lifted its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 204.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 175,340 shares of the company’s stock after purchasing an additional 117,782 shares during the period. Telemus Capital LLC owned 0.22% of iShares Global Infrastructure ETF worth $8,250,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IGF. Varma Mutual Pension Insurance Co purchased a new position in iShares Global Infrastructure ETF during the 3rd quarter valued at about $14,724,000. Ballentine Partners LLC lifted its position in iShares Global Infrastructure ETF by 3,613.2% during the 4th quarter. Ballentine Partners LLC now owns 300,507 shares of the company’s stock valued at $14,139,000 after acquiring an additional 292,414 shares during the period. The Manufacturers Life Insurance Company lifted its position in iShares Global Infrastructure ETF by 14.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,777,343 shares of the company’s stock valued at $76,945,000 after acquiring an additional 227,048 shares during the period. Column Capital Advisors LLC lifted its position in iShares Global Infrastructure ETF by 14.8% during the 3rd quarter. Column Capital Advisors LLC now owns 1,622,507 shares of the company’s stock valued at $70,238,000 after acquiring an additional 209,660 shares during the period. Finally, Pathstone Family Office LLC purchased a new position in iShares Global Infrastructure ETF during the 3rd quarter valued at about $7,006,000.

iShares Global Infrastructure ETF Stock Performance

NASDAQ:IGF opened at $46.89 on Tuesday. The firm has a market cap of $3.52 billion, a P/E ratio of 20.90 and a beta of 0.64. iShares Global Infrastructure ETF has a fifty-two week low of $40.38 and a fifty-two week high of $49.25. The firm has a 50-day simple moving average of $46.29 and a two-hundred day simple moving average of $45.52.

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.