iShares Global Infrastructure ETF (NASDAQ:IGF) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

iShares Global Infrastructure ETF (NASDAQ:IGF – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $65.97 and traded as high as $66.42. iShares Global Infrastructure ETF shares last traded at $66.31, with a volume of 547,626 shares traded.

iShares Global Infrastructure ETF Stock Performance

The firm has a fifty day simple moving average of $63.83 and a two-hundred day simple moving average of $65.97. The firm has a market cap of $10.98 billion, a PE ratio of 20.10 and a beta of 0.61.

Institutional Trading of iShares Global Infrastructure ETF

Hedge funds have recently modified their holdings of the company. Pictet Asset Management Holding SA lifted its stake in shares of iShares Global Infrastructure ETF by 47.9% during the third quarter. Pictet Asset Management Holding SA now owns 2,511,092 shares of the company’s stock worth $155,005,000 after buying an additional 813,410 shares during the period. NorthRock Partners LLC boosted its stake in iShares Global Infrastructure ETF by 15.3% during the 2nd quarter. NorthRock Partners LLC now owns 3,076,200 shares of the company’s stock worth $204,875,000 after purchasing an additional 407,357 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares Global Infrastructure ETF by 132.1% in 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 in the last quarter. Evergreen Capital Management LLC acquired a new stake in iShares Global Infrastructure ETF during the third quarter worth about $23,569,000. Finally, Heartland Bank & Trust Co purchased a new stake in iShares Global Infrastructure ETF in the 2nd quarter valued at about $23,446,000.

iShares Global Infrastructure ETF Company Profile

(Get Free Report)

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.

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