Northwestern Mutual Wealth Management Co. Raises Holdings in iShares Global Infrastructure ETF $IGF

Northwestern Mutual Wealth Management Co. increased its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 38.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 77,890 shares of the company’s stock after acquiring an additional 21,794 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.05% of iShares Global Infrastructure ETF worth $4,779,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Moors & Cabot Inc. grew its position in iShares Global Infrastructure ETF by 11.8% in the fourth quarter. Moors & Cabot Inc. now owns 8,010 shares of the company’s stock worth $491,000 after acquiring an additional 848 shares during the period. Corrado Advisors LLC grew its position in iShares Global Infrastructure ETF by 4.5% in the fourth quarter. Corrado Advisors LLC now owns 42,388 shares of the company’s stock worth $2,601,000 after acquiring an additional 1,836 shares during the period. IFG Advisory LLC grew its position in iShares Global Infrastructure ETF by 9.9% in the fourth quarter. IFG Advisory LLC now owns 64,765 shares of the company’s stock worth $3,974,000 after acquiring an additional 5,852 shares during the period. Harbour Investments Inc. grew its position in iShares Global Infrastructure ETF by 13.5% in the fourth quarter. Harbour Investments Inc. now owns 2,228 shares of the company’s stock worth $137,000 after acquiring an additional 265 shares during the period. Finally, Clearstead Advisors LLC grew its position in iShares Global Infrastructure ETF by 33.5% in the fourth quarter. Clearstead Advisors LLC now owns 66,867 shares of the company’s stock worth $4,103,000 after acquiring an additional 16,797 shares during the period.

iShares Global Infrastructure ETF Stock Performance

Shares of iShares Global Infrastructure ETF stock opened at $66.30 on Thursday. The firm has a market capitalization of $10.32 billion, a price-to-earnings ratio of 20.10 and a beta of 0.63. iShares Global Infrastructure ETF has a fifty-two week low of $57.61 and a fifty-two week high of $69.60. The stock has a 50 day moving average of $67.24 and a 200 day moving average of $65.20.

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.