iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Global Infrastructure ETF (NASDAQ:IGF) shares saw an uptick in trading volume on Tuesday . 249,298 shares changed hands during trading, a decline of 32% from the previous session’s volume of 366,675 shares.The stock last traded at $54.53 and had previously closed at $54.75.

iShares Global Infrastructure ETF Price Performance

The firm has a 50 day simple moving average of $53.24 and a 200-day simple moving average of $50.40. The company has a market cap of $4.37 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

A number of institutional investors have recently modified their holdings of the company. Northwest Investment Counselors LLC purchased a new stake in iShares Global Infrastructure ETF during the 3rd quarter worth about $26,000. CX Institutional lifted its holdings in iShares Global Infrastructure ETF by 1.8% during the 3rd quarter. CX Institutional now owns 66,677 shares of the company’s stock worth $3,629,000 after buying an additional 1,200 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in iShares Global Infrastructure ETF during the 3rd quarter worth about $45,000. Money Design Co. Ltd. lifted its holdings in iShares Global Infrastructure ETF by 1.7% during the 3rd quarter. Money Design Co. Ltd. now owns 497,630 shares of the company’s stock worth $27,086,000 after buying an additional 8,098 shares during the last quarter. Finally, First PREMIER Bank purchased a new stake in iShares Global Infrastructure ETF during the 3rd quarter worth about $76,000.

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.