SCS Capital Management LLC Invests $2.11 Million in iShares Global Infrastructure ETF $IGF

SCS Capital Management LLC bought a new position in iShares Global Infrastructure ETF (NASDAQ:IGF) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 34,423 shares of the company’s stock, valued at approximately $2,112,000.

Several other hedge funds also recently made changes to their positions in the company. Northern Trust Corp boosted its position in iShares Global Infrastructure ETF by 13.0% during the 3rd quarter. Northern Trust Corp now owns 32,269,755 shares of the company’s stock valued at $1,972,327,000 after purchasing an additional 3,701,749 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in iShares Global Infrastructure ETF by 1,527.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 913,157 shares of the company’s stock valued at $56,031,000 after purchasing an additional 857,061 shares during the period. Pictet Asset Management Holding SA boosted its position in iShares Global Infrastructure ETF by 70.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,813,170 shares of the company’s stock valued at $111,869,000 after purchasing an additional 751,250 shares during the period. Bank of America Corp DE boosted its position in iShares Global Infrastructure ETF by 140.0% during the 2nd quarter. Bank of America Corp DE now owns 918,485 shares of the company’s stock valued at $54,374,000 after purchasing an additional 535,717 shares during the period. Finally, US Bancorp DE boosted its position in iShares Global Infrastructure ETF by 23.2% during the 4th quarter. US Bancorp DE now owns 2,424,734 shares of the company’s stock valued at $148,782,000 after purchasing an additional 456,436 shares during the period.

iShares Global Infrastructure ETF Price Performance

NASDAQ:IGF opened at $65.73 on Tuesday. 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 $10.23 billion, a P/E ratio of 20.10 and a beta of 0.63. The business has a 50 day simple moving average of $67.22 and a 200 day simple moving average of $65.14.

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.