Readystate Asset Management LP acquired a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,401 shares of the company’s stock, valued at approximately $626,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Northern Trust Corp boosted its position in shares of 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 acquiring an additional 3,701,749 shares during the last quarter. Jane Street Group LLC bought a new position in shares of iShares Global Infrastructure ETF in the fourth quarter worth approximately $71,842,000. Northwestern Mutual Wealth Management Co. raised its stake in iShares Global Infrastructure ETF by 1,527.8% in the fourth 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 in the last quarter. Bank of America Corp DE raised its stake in iShares Global Infrastructure ETF by 140.0% in the second 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 in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in iShares Global Infrastructure ETF by 132.1% during the first quarter. Bank of New York Mellon Corp now owns 683,235 shares of the company’s stock valued at $45,777,000 after purchasing an additional 388,909 shares during the last quarter.
iShares Global Infrastructure ETF Price Performance
IGF stock opened at $65.08 on Tuesday. iShares Global Infrastructure ETF has a one year low of $59.47 and a one year high of $69.60. The stock has a market cap of $10.67 billion, a PE ratio of 20.10 and a beta of 0.60. The firm has a 50 day simple moving average of $66.25 and a two-hundred day simple moving average of $66.87.
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.
Further Reading
- Five stocks we like better than iShares Global Infrastructure ETF
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Want to see what other hedge funds are holding IGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report).
Receive News & Ratings for iShares Global Infrastructure ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Global Infrastructure ETF and related companies with MarketBeat.com's FREE daily email newsletter.
