US Bancorp DE raised its stake in iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) by 89.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,696,610 shares of the company’s stock after purchasing an additional 799,958 shares during the quarter. US Bancorp DE’s holdings in iShares Global Infrastructure ETF were worth $92,346,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the stock. Northwest Investment Counselors LLC acquired a new position in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at $26,000. Quent Capital LLC lifted its holdings in shares of iShares Global Infrastructure ETF by 60.7% during the 3rd quarter. Quent Capital LLC now owns 638 shares of the company’s stock valued at $35,000 after acquiring an additional 241 shares in the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at $45,000. First PREMIER Bank acquired a new position in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at $76,000. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of iShares Global Infrastructure ETF during the 2nd quarter valued at $139,000.
iShares Global Infrastructure ETF Trading Up 0.0 %
NASDAQ:IGF opened at $53.73 on Friday. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. The firm’s fifty day simple moving average is $53.66 and its 200 day simple moving average is $50.72. iShares Global Infrastructure ETF has a twelve month low of $41.85 and a twelve month high of $55.32.
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.
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