iShares Global Infrastructure ETF (NASDAQ:IGF – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,206,385 shares, a growth of 99.1% from the August 15th total of 606,040 shares. Based on an average daily volume of 709,565 shares, the short-interest ratio is currently 1.7 days. Currently, 0.7% of the company’s shares are sold short.
Institutional Investors Weigh In On iShares Global Infrastructure ETF
A number of large investors have recently bought and sold shares of IGF. The Manufacturers Life Insurance Company raised its holdings in shares of iShares Global Infrastructure ETF by 15.1% during the second quarter. The Manufacturers Life Insurance Company now owns 1,270,372 shares of the company’s stock valued at $84,607,000 after purchasing an additional 166,339 shares during the period. Capstone Financial Advisors Inc. grew its stake in shares of iShares Global Infrastructure ETF by 0.5% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 112,150 shares of the company’s stock valued at $7,469,000 after buying an additional 600 shares during the period. MCF Advisors LLC bought a new stake in iShares Global Infrastructure ETF in the 2nd quarter valued at about $87,000. NorthRock Partners LLC raised its stake in iShares Global Infrastructure ETF by 15.3% during the 2nd quarter. NorthRock Partners LLC now owns 3,076,200 shares of the company’s stock worth $204,875,000 after buying an additional 407,357 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in iShares Global Infrastructure ETF by 0.6% in the second quarter. Integrated Wealth Concepts LLC now owns 72,015 shares of the company’s stock worth $4,796,000 after acquiring an additional 435 shares in the last quarter.
iShares Global Infrastructure ETF Stock Performance
Shares of iShares Global Infrastructure ETF stock traded down $0.22 on Tuesday, reaching $63.17. 152,866 shares of the company’s stock were exchanged, compared to its average volume of 855,084. The company has a market capitalization of $10.16 billion, a P/E ratio of 20.10 and a beta of 0.60. iShares Global Infrastructure ETF has a 52 week low of $60.03 and a 52 week high of $69.60. The firm’s 50-day moving average is $66.02 and its two-hundred day moving average is $66.73.
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.
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