Private Advisor Group LLC Trims Stake in iShares Global Infrastructure ETF (NASDAQ:IGF)

Private Advisor Group LLC reduced its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 15.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,034 shares of the company’s stock after selling 1,091 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Global Infrastructure ETF were worth $328,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in iShares Global Infrastructure ETF by 1.7% in the 2nd quarter. Brighton Jones LLC now owns 14,418 shares of the company’s stock worth $691,000 after purchasing an additional 238 shares during the period. Quent Capital LLC grew its stake in iShares Global Infrastructure ETF by 60.7% in the 3rd quarter. Quent Capital LLC now owns 638 shares of the company’s stock worth $35,000 after acquiring an additional 241 shares in the last quarter. Hoxton Planning & Management LLC grew its stake in iShares Global Infrastructure ETF by 4.6% in the 3rd quarter. Hoxton Planning & Management LLC now owns 6,352 shares of the company’s stock worth $346,000 after acquiring an additional 279 shares in the last quarter. Capital Insight Partners LLC grew its stake in iShares Global Infrastructure ETF by 0.4% in the 2nd quarter. Capital Insight Partners LLC now owns 76,724 shares of the company’s stock worth $3,677,000 after acquiring an additional 282 shares in the last quarter. Finally, Motco grew its stake in iShares Global Infrastructure ETF by 7.8% in the 1st quarter. Motco now owns 5,243 shares of the company’s stock worth $250,000 after acquiring an additional 381 shares in the last quarter.

iShares Global Infrastructure ETF Price Performance

Shares of IGF stock opened at $53.54 on Thursday. The company has a market capitalization of $4.31 billion, a P/E ratio of 22.20 and a beta of 0.80. The company’s 50-day simple moving average is $53.82 and its two-hundred day simple moving average is $50.99. iShares Global Infrastructure ETF has a one year low of $43.13 and a one year high of $55.32.

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.