iShares Global Infrastructure ETF $IGF Stock: IFG Advisory LLC Grows Stake

IFG Advisory LLC increased its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 11.4% in the third quarter, Holdings Channel.com reports. The firm owned 105,611 shares of the company’s stock after acquiring an additional 10,840 shares during the period. IFG Advisory LLC’s holdings in iShares Global Infrastructure ETF were worth $6,501,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Moors & Cabot Inc. increased its holdings in shares of iShares Global Infrastructure ETF by 34.8% in the third quarter. Moors & Cabot Inc. now owns 11,644 shares of the company’s stock worth $717,000 after buying an additional 3,004 shares during the period. Jacobi Capital Management LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at about $83,000. First Command Advisory Services Inc. bought a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at about $249,000. Moneco Advisors LLC boosted its holdings in iShares Global Infrastructure ETF by 81.8% during the 3rd quarter. Moneco Advisors LLC now owns 11,511 shares of the company’s stock valued at $709,000 after acquiring an additional 5,178 shares during the period. Finally, Mesirow Financial Investment Management Inc. purchased a new stake in iShares Global Infrastructure ETF during the 3rd quarter valued at about $1,543,000.

iShares Global Infrastructure ETF Stock Performance

IGF traded up $0.20 on Friday, hitting $67.02. 538,433 shares of the company were exchanged, compared to its average volume of 869,730. The firm has a fifty day simple moving average of $63.98 and a two-hundred day simple moving average of $66.09. iShares Global Infrastructure ETF has a 12 month low of $60.58 and a 12 month high of $69.60. The stock has a market capitalization of $11.06 billion, a PE ratio of 20.27 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.