Readystate Asset Management LP bought a new stake in iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,401 shares of the company’s stock, valued at approximately $626,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HB Wealth Management LLC increased its stake in iShares Global Infrastructure ETF by 4.6% in the 2nd quarter. HB Wealth Management LLC now owns 8,676 shares of the company’s stock valued at $578,000 after buying an additional 378 shares during the last quarter. Fortitude Advisory Group L.L.C. boosted its stake in iShares Global Infrastructure ETF by 70.0% in the second quarter. Fortitude Advisory Group L.L.C. now owns 7,390 shares of the company’s stock valued at $492,000 after acquiring an additional 3,042 shares during the last quarter. NBH Bank purchased a new position in iShares Global Infrastructure ETF in the second quarter valued at approximately $190,000. TD Waterhouse Canada Inc. lifted its position in shares of iShares Global Infrastructure ETF by 12.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,713,680 shares of the company’s stock valued at $112,819,000 after buying an additional 192,357 shares during the last quarter. Finally, Continuum Advisory LLC purchased a new stake in iShares Global Infrastructure ETF during the second quarter valued at about $119,000.
iShares Global Infrastructure ETF Stock Performance
iShares Global Infrastructure ETF stock opened at $65.08 on Tuesday. iShares Global Infrastructure ETF has a 1-year low of $59.47 and a 1-year high of $69.60. The firm has a 50 day simple moving average of $66.25 and a 200 day simple moving average of $66.87. The firm has a market capitalization of $10.67 billion, a price-to-earnings ratio of 20.10 and a beta of 0.60.
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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