Cambridge Investment Research Advisors Inc. reduced its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF – Get Rating) by 55.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,026 shares of the company’s stock after selling 42,851 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares Global Infrastructure ETF were worth $1,606,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in iShares Global Infrastructure ETF by 17.5% during the 1st quarter. JPMorgan Chase & Co. now owns 197,591 shares of the company’s stock worth $10,050,000 after buying an additional 29,364 shares in the last quarter. Raymond James & Associates lifted its holdings in iShares Global Infrastructure ETF by 38.1% during the 1st quarter. Raymond James & Associates now owns 12,068 shares of the company’s stock worth $614,000 after buying an additional 3,331 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares Global Infrastructure ETF by 0.5% during the 1st quarter. Bank of New York Mellon Corp now owns 671,092 shares of the company’s stock worth $34,132,000 after buying an additional 3,300 shares in the last quarter. US Bancorp DE lifted its holdings in iShares Global Infrastructure ETF by 15.9% during the 1st quarter. US Bancorp DE now owns 3,829 shares of the company’s stock worth $194,000 after buying an additional 524 shares in the last quarter. Finally, Cetera Advisor Networks LLC lifted its holdings in iShares Global Infrastructure ETF by 44.4% during the 1st quarter. Cetera Advisor Networks LLC now owns 10,221 shares of the company’s stock worth $520,000 after buying an additional 3,145 shares in the last quarter.
iShares Global Infrastructure ETF Stock Performance
NASDAQ:IGF opened at $48.03 on Thursday. The stock’s fifty day moving average price is $48.63 and its two-hundred day moving average price is $47.66. The company has a market cap of $3.87 billion, a price-to-earnings ratio of 20.63 and a beta of 0.80. iShares Global Infrastructure ETF has a 52-week low of $39.95 and a 52-week high of $51.74.
About iShares Global Infrastructure ETF
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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