iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Up 100.1% in September

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,880,000 shares, an increase of 100.1% from the September 15th total of 939,700 shares. Based on an average trading volume of 345,700 shares, the short-interest ratio is currently 5.4 days.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

A number of institutional investors have recently made changes to their positions in the company. 1832 Asset Management L.P. raised its position in iShares Global Infrastructure ETF by 2.6% in the 1st quarter. 1832 Asset Management L.P. now owns 2,525,060 shares of the company’s stock worth $120,243,000 after buying an additional 64,867 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in iShares Global Infrastructure ETF by 2.8% during the second quarter. The Manufacturers Life Insurance Company now owns 1,835,546 shares of the company’s stock valued at $88,159,000 after purchasing an additional 49,527 shares during the period. Captrust Financial Advisors boosted its holdings in iShares Global Infrastructure ETF by 7,650.8% in the first quarter. Captrust Financial Advisors now owns 1,257,407 shares of the company’s stock worth $59,878,000 after purchasing an additional 1,241,184 shares during the last quarter. Principal Financial Group Inc. grew its position in iShares Global Infrastructure ETF by 12.8% in the 1st quarter. Principal Financial Group Inc. now owns 687,291 shares of the company’s stock worth $32,729,000 after purchasing an additional 78,225 shares during the period. Finally, Nepc LLC raised its stake in iShares Global Infrastructure ETF by 61.9% during the 1st quarter. Nepc LLC now owns 585,886 shares of the company’s stock valued at $27,900,000 after buying an additional 224,077 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

IGF stock traded up $0.44 during trading on Friday, hitting $54.42. 326,947 shares of the stock traded hands, compared to its average volume of 365,085. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 1 year low of $41.25 and a 1 year high of $54.79. The firm’s 50 day moving average is $52.58 and its two-hundred day moving average is $50.06.

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.