Telemus Capital LLC Has $8.25 Million Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Telemus Capital LLC boosted its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 204.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 175,340 shares of the company’s stock after acquiring an additional 117,782 shares during the period. Telemus Capital LLC’s holdings in iShares Global Infrastructure ETF were worth $8,250,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. National Bank of Canada FI increased its stake in shares of iShares Global Infrastructure ETF by 6.6% in the 3rd quarter. National Bank of Canada FI now owns 45,115 shares of the company’s stock valued at $1,883,000 after purchasing an additional 2,813 shares during the last quarter. Naples Global Advisors LLC lifted its holdings in iShares Global Infrastructure ETF by 12.5% during the 3rd quarter. Naples Global Advisors LLC now owns 127,683 shares of the company’s stock worth $5,527,000 after buying an additional 14,151 shares during the period. CX Institutional lifted its holdings in iShares Global Infrastructure ETF by 1.5% during the 3rd quarter. CX Institutional now owns 92,340 shares of the company’s stock worth $3,997,000 after buying an additional 1,364 shares during the period. Aaron Wealth Advisors LLC lifted its holdings in iShares Global Infrastructure ETF by 0.8% during the 3rd quarter. Aaron Wealth Advisors LLC now owns 136,669 shares of the company’s stock worth $5,916,000 after buying an additional 1,076 shares during the period. Finally, Atlas Private Wealth Management lifted its holdings in iShares Global Infrastructure ETF by 5.0% during the 3rd quarter. Atlas Private Wealth Management now owns 13,389 shares of the company’s stock worth $580,000 after buying an additional 639 shares during the period.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ:IGF opened at $46.89 on Tuesday. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 20.90 and a beta of 0.64. The business’s 50-day moving average is $46.29 and its 200-day moving average is $45.52. iShares Global Infrastructure ETF has a 1 year low of $40.38 and a 1 year high of $49.25.

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.