Islay Capital Management LLC Acquires New Shares in iShares Global Infrastructure ETF (NASDAQ:IGF)

Islay Capital Management LLC bought a new position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,065 shares of the company’s stock, valued at approximately $50,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IGF. The Manufacturers Life Insurance Company lifted its holdings in shares of 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 purchasing an additional 227,048 shares in the last quarter. Column Capital Advisors LLC lifted its stake in iShares Global Infrastructure ETF by 14.8% in the third quarter. Column Capital Advisors LLC now owns 1,622,507 shares of the company’s stock valued at $70,238,000 after buying an additional 209,660 shares in the last quarter. Fifth Third Bancorp boosted its holdings in shares of iShares Global Infrastructure ETF by 9.7% in the fourth quarter. Fifth Third Bancorp now owns 1,203,396 shares of the company’s stock valued at $56,620,000 after buying an additional 106,347 shares during the period. Waldron Private Wealth LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 21.7% in the fourth quarter. Waldron Private Wealth LLC now owns 864,163 shares of the company’s stock valued at $40,658,000 after buying an additional 153,856 shares during the period. Finally, Money Design Co. Ltd. increased its position in shares of iShares Global Infrastructure ETF by 1.0% during the fourth quarter. Money Design Co. Ltd. now owns 449,376 shares of the company’s stock worth $21,143,000 after acquiring an additional 4,657 shares in the last quarter.

iShares Global Infrastructure ETF Stock Down 0.8 %

IGF traded down $0.37 during trading on Tuesday, hitting $47.59. The company had a trading volume of 156,593 shares, compared to its average volume of 387,312. The company has a market capitalization of $3.56 billion, a PE ratio of 20.90 and a beta of 0.80. iShares Global Infrastructure ETF has a one year low of $40.38 and a one year high of $49.25. The firm’s 50-day moving average price is $46.59 and its 200 day moving average price is $45.70.

About iShares Global Infrastructure ETF

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.