Sunbelt Securities Inc. Makes New Investment in iShares Global Infrastructure ETF (NASDAQ:IGF)

Sunbelt Securities Inc. acquired a new stake in iShares Global Infrastructure ETF (NASDAQ:IGF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 4,990 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northeast Financial Consultants Inc increased its position in iShares Global Infrastructure ETF by 79.4% during the second quarter. Northeast Financial Consultants Inc now owns 12,345 shares of the company’s stock worth $592,000 after buying an additional 5,462 shares during the last quarter. Forefront Analytics LLC increased its holdings in shares of iShares Global Infrastructure ETF by 3.8% during the 2nd quarter. Forefront Analytics LLC now owns 109,701 shares of the company’s stock worth $5,257,000 after acquiring an additional 3,998 shares during the last quarter. Mackenzie Financial Corp raised its stake in iShares Global Infrastructure ETF by 7.3% in the 2nd quarter. Mackenzie Financial Corp now owns 191,771 shares of the company’s stock valued at $9,190,000 after acquiring an additional 13,090 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in iShares Global Infrastructure ETF by 2.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,835,546 shares of the company’s stock valued at $88,159,000 after purchasing an additional 49,527 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in iShares Global Infrastructure ETF by 55.0% during the second quarter. Bank of Montreal Can now owns 102,370 shares of the company’s stock worth $4,968,000 after purchasing an additional 36,333 shares during the period.

iShares Global Infrastructure ETF Price Performance

Shares of IGF opened at $54.60 on Thursday. The company’s 50-day moving average is $51.86 and its 200-day moving average is $49.66. The firm has a market capitalization of $4.02 billion, a PE ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a fifty-two week low of $40.38 and a fifty-two week high of $54.75.

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.