Van ECK Associates Corp increased its stake in iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) by 17.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 285,600 shares of the company’s stock after acquiring an additional 41,684 shares during the period. Van ECK Associates Corp owned approximately 0.37% of iShares Global Infrastructure ETF worth $13,437,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in the stock. CWM LLC purchased a new position in shares of iShares Global Infrastructure ETF in the 4th quarter worth approximately $26,000. Ancora Advisors LLC boosted its stake in iShares Global Infrastructure ETF by 73.5% during the third quarter. Ancora Advisors LLC now owns 708 shares of the company’s stock worth $31,000 after buying an additional 300 shares during the period. Valley National Advisers Inc. boosted its stake in iShares Global Infrastructure ETF by 376.5% during the fourth quarter. Valley National Advisers Inc. now owns 1,096 shares of the company’s stock worth $51,000 after buying an additional 866 shares during the period. Alaska Wealth Advisors bought a new position in iShares Global Infrastructure ETF during the fourth quarter valued at $76,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the fourth quarter valued at $158,000.
iShares Global Infrastructure ETF Trading Up 0.3 %
IGF stock opened at $47.43 on Thursday. The stock has a market cap of $3.55 billion, a PE ratio of 20.90 and a beta of 0.80. iShares Global Infrastructure ETF has a 12 month low of $40.38 and a 12 month high of $49.25. The company has a 50-day moving average price of $46.63 and a 200 day moving average price of $45.74.
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.
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