FSM Wealth Advisors LLC Grows Stock Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

FSM Wealth Advisors LLC raised its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 14.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,464 shares of the company’s stock after purchasing an additional 17,578 shares during the quarter. iShares Global Infrastructure ETF accounts for approximately 2.1% of FSM Wealth Advisors LLC’s portfolio, making the stock its 16th largest position. FSM Wealth Advisors LLC owned about 0.18% of iShares Global Infrastructure ETF worth $7,754,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Northwest Investment Counselors LLC acquired a new position in shares of iShares Global Infrastructure ETF in the third quarter worth $26,000. Quent Capital LLC grew its stake in shares of iShares Global Infrastructure ETF by 60.7% during the third quarter. Quent Capital LLC now owns 638 shares of the company’s stock worth $35,000 after purchasing an additional 241 shares in the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of iShares Global Infrastructure ETF during the third quarter worth $45,000. First PREMIER Bank acquired a new position in shares of iShares Global Infrastructure ETF during the third quarter worth $76,000. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of iShares Global Infrastructure ETF during the second quarter worth $139,000.

iShares Global Infrastructure ETF Trading Up 0.2 %

Shares of IGF stock opened at $53.11 on Tuesday. The firm has a fifty day moving average price of $53.72 and a 200 day moving average price of $50.87. The company has a market cap of $4.28 billion, a P/E ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 12 month low of $43.13 and a 12 month high of $55.32.

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.