Washington Trust Bank Lowers Stock Holdings in iShares Global Infrastructure ETF $IGF

Washington Trust Bank lowered its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 46.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,433 shares of the company’s stock after selling 29,620 shares during the quarter. Washington Trust Bank’s holdings in iShares Global Infrastructure ETF were worth $2,038,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Stonebridge Financial Planning Group LLC bought a new stake in iShares Global Infrastructure ETF in the second quarter valued at approximately $633,000. Moors & Cabot Inc. boosted its stake in iShares Global Infrastructure ETF by 13.1% in the 2nd quarter. Moors & Cabot Inc. now owns 6,729 shares of the company’s stock worth $398,000 after purchasing an additional 778 shares in the last quarter. Advisors Preferred LLC purchased a new position in iShares Global Infrastructure ETF in the second quarter worth about $172,000. American Institute for Advanced Investment Management LLP purchased a new stake in shares of iShares Global Infrastructure ETF during the second quarter valued at approximately $506,000. Finally, Haven Private LLC bought a new stake in shares of iShares Global Infrastructure ETF during the second quarter valued at approximately $1,940,000.

iShares Global Infrastructure ETF Trading Up 0.6%

iShares Global Infrastructure ETF stock opened at $61.36 on Thursday. iShares Global Infrastructure ETF has a 12 month low of $49.74 and a 12 month high of $62.53. The stock has a fifty day simple moving average of $61.06 and a two-hundred day simple moving average of $59.57. The firm has a market cap of $8.54 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF 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.