PNC Financial Services Group Inc. reduced its position in iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) by 2.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 900,082 shares of the company’s stock after selling 26,090 shares during the quarter. PNC Financial Services Group Inc. owned about 0.61% of iShares Global Infrastructure ETF worth $55,229,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. Northern Trust Corp boosted its position in shares of iShares Global Infrastructure ETF by 13.0% in the third quarter. Northern Trust Corp now owns 32,269,755 shares of the company’s stock valued at $1,972,327,000 after acquiring an additional 3,701,749 shares during the period. Pathstone Holdings LLC boosted its position in shares of iShares Global Infrastructure ETF by 2.6% in the third quarter. Pathstone Holdings LLC now owns 3,598,087 shares of the company’s stock valued at $219,915,000 after acquiring an additional 92,377 shares during the period. US Bancorp DE boosted its position in shares of iShares Global Infrastructure ETF by 23.2% in the fourth quarter. US Bancorp DE now owns 2,424,734 shares of the company’s stock valued at $148,782,000 after acquiring an additional 456,436 shares during the period. Ballentine Partners LLC boosted its position in shares of iShares Global Infrastructure ETF by 3.5% in the third quarter. Ballentine Partners LLC now owns 2,379,161 shares of the company’s stock valued at $145,414,000 after acquiring an additional 80,006 shares during the period. Finally, Pictet Asset Management Holding SA boosted its position in shares of iShares Global Infrastructure ETF by 70.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,813,170 shares of the company’s stock valued at $111,869,000 after acquiring an additional 751,250 shares during the period.
iShares Global Infrastructure ETF Trading Up 0.4%
IGF stock opened at $67.49 on Friday. iShares Global Infrastructure ETF has a 12 month low of $57.61 and a 12 month high of $69.60. The firm has a market capitalization of $10.51 billion, a P/E ratio of 20.10 and a beta of 0.63. The firm has a 50 day moving average of $67.21 and a 200-day moving average of $64.88.
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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