International Assets Investment Management LLC Buys Shares of 44,796 iShares Global Infrastructure ETF (NASDAQ:IGF)

International Assets Investment Management LLC bought a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 44,796 shares of the company’s stock, valued at approximately $2,438,000. International Assets Investment Management LLC owned approximately 0.06% of iShares Global Infrastructure ETF as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IGF. Northwest Investment Counselors LLC bought a new stake in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at about $26,000. Quent Capital LLC boosted its position 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 during the last quarter. Exchange Traded Concepts LLC bought a new stake in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at about $45,000. First PREMIER Bank bought a new stake in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at about $76,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of iShares Global Infrastructure ETF during the 2nd quarter valued at about $139,000.

iShares Global Infrastructure ETF Trading Down 1.3 %

Shares of IGF opened at $53.03 on Friday. The company has a market cap of $4.27 billion, a PE ratio of 22.20 and a beta of 0.80. The stock has a 50-day moving average price of $53.72 and a 200-day moving average price of $50.79. iShares Global Infrastructure ETF has a 12-month low of $42.95 and a 12-month high of $55.32.

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.