iShares Global Infrastructure ETF (NASDAQ:IGF) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 28.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 137,744 shares of the company’s stock after selling 55,312 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Global Infrastructure ETF were worth $7,200,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IGF. Centricity Wealth Management LLC purchased a new position in iShares Global Infrastructure ETF in the fourth quarter valued at $33,000. West Oak Capital LLC increased its stake in shares of iShares Global Infrastructure ETF by 2,500.0% in the 4th quarter. West Oak Capital LLC now owns 650 shares of the company’s stock valued at $34,000 after purchasing an additional 625 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of iShares Global Infrastructure ETF in the 4th quarter valued at about $54,000. Exchange Traded Concepts LLC raised its holdings in iShares Global Infrastructure ETF by 30.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock worth $57,000 after purchasing an additional 253 shares during the period. Finally, Bank of Jackson Hole Trust purchased a new position in iShares Global Infrastructure ETF during the fourth quarter worth approximately $149,000.

iShares Global Infrastructure ETF Price Performance

iShares Global Infrastructure ETF stock opened at $54.22 on Wednesday. The stock has a market capitalization of $5.29 billion, a PE ratio of 18.69 and a beta of 0.80. The business has a 50 day simple moving average of $53.55 and a 200-day simple moving average of $53.71. iShares Global Infrastructure ETF has a 12 month low of $45.19 and a 12 month high of $55.79.

iShares Global Infrastructure ETF 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.