Louisbourg Investments Inc. Grows Position in iShares Global Infrastructure ETF $IGF

Louisbourg Investments Inc. grew its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 6.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 16,677 shares of the company’s stock after acquiring an additional 1,020 shares during the quarter. Louisbourg Investments Inc.’s holdings in iShares Global Infrastructure ETF were worth $987,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. increased its position in iShares Global Infrastructure ETF by 14.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 27,586 shares of the company’s stock worth $1,508,000 after buying an additional 3,529 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in iShares Global Infrastructure ETF during the first quarter worth $219,000. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares Global Infrastructure ETF by 206.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 33,028 shares of the company’s stock valued at $1,806,000 after purchasing an additional 22,235 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the second quarter valued at $74,000. Finally, Perigon Wealth Management LLC grew its position in shares of iShares Global Infrastructure ETF by 1.0% in the second quarter. Perigon Wealth Management LLC now owns 40,418 shares of the company’s stock valued at $2,393,000 after purchasing an additional 418 shares during the period.

iShares Global Infrastructure ETF Stock Down 0.5%

Shares of NASDAQ:IGF opened at $61.07 on Friday. The company has a market cap of $8.34 billion, a P/E ratio of 20.10 and a beta of 0.80. iShares Global Infrastructure ETF has a 52 week low of $49.74 and a 52 week high of $62.10. The business has a fifty day simple moving average of $60.72 and a 200-day simple moving average of $58.51.

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.