Northeast Financial Consultants Inc Boosts Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Northeast Financial Consultants Inc lifted its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 79.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,345 shares of the company’s stock after acquiring an additional 5,462 shares during the period. Northeast Financial Consultants Inc’s holdings in iShares Global Infrastructure ETF were worth $592,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Brio Consultants LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 5.5% in the 4th quarter. Brio Consultants LLC now owns 20,994 shares of the company’s stock valued at $988,000 after purchasing an additional 1,095 shares during the last quarter. Steward Partners Investment Solutions LLC acquired a new position in iShares Global Infrastructure ETF in the fourth quarter valued at $237,000. The Manufacturers Life Insurance Company grew its position in iShares Global Infrastructure ETF by 5.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,878,626 shares of the company’s stock valued at $88,389,000 after acquiring an additional 101,283 shares during the period. CIBC Private Wealth Group LLC acquired a new stake in iShares Global Infrastructure ETF during the fourth quarter worth about $1,074,000. Finally, Edge Capital Group LLC purchased a new position in shares of iShares Global Infrastructure ETF in the 4th quarter worth about $214,000.

iShares Global Infrastructure ETF Stock Performance

Shares of NASDAQ:IGF opened at $54.56 on Friday. The stock has a 50-day simple moving average of $51.68 and a 200-day simple moving average of $49.53. The stock has a market capitalization of $4.02 billion, a P/E ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 1 year low of $40.38 and a 1 year high of $54.75.

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.