Beta Wealth Group Inc. acquired a new position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) during the 2nd quarter, Holdings Channel reports. The fund acquired 74,415 shares of the company’s stock, valued at approximately $4,405,000. iShares Global Infrastructure ETF comprises approximately 1.6% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 24th largest position.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Chilton Capital Management LLC bought a new stake in iShares Global Infrastructure ETF in the second quarter worth $28,000. Allworth Financial LP lifted its position in iShares Global Infrastructure ETF by 57.3% during the first quarter. Allworth Financial LP now owns 686 shares of the company’s stock valued at $39,000 after purchasing an additional 250 shares during the last quarter. ORG Partners LLC purchased a new position in shares of iShares Global Infrastructure ETF in the 2nd quarter worth $47,000. Smartleaf Asset Management LLC grew its stake in shares of iShares Global Infrastructure ETF by 508.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 858 shares of the company’s stock worth $47,000 after buying an additional 717 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares Global Infrastructure ETF in the 2nd quarter worth about $61,000.
iShares Global Infrastructure ETF Trading Up 0.5%
Shares of NASDAQ IGF opened at $62.18 on Friday. iShares Global Infrastructure ETF has a 12-month low of $49.74 and a 12-month high of $62.58. The firm’s 50-day moving average price is $61.33 and its 200-day moving average price is $59.86. The stock has a market capitalization of $8.65 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.
iShares Global Infrastructure ETF Company 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.
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Want to see what other hedge funds are holding IGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report).
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