Angeles Wealth Management LLC Invests $342,000 in iShares Global Infrastructure ETF $IGF

Angeles Wealth Management LLC purchased a new position in iShares Global Infrastructure ETF (NASDAQ:IGF) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,781 shares of the company’s stock, valued at approximately $342,000.

Several other hedge funds have also recently modified their holdings of IGF. LPL Financial LLC raised its stake in shares of iShares Global Infrastructure ETF by 5,323.6% in the first quarter. LPL Financial LLC now owns 8,233,568 shares of the company’s stock worth $450,129,000 after purchasing an additional 8,081,757 shares during the last quarter. Northern Trust Corp raised its stake in shares of iShares Global Infrastructure ETF by 10.5% in the first quarter. Northern Trust Corp now owns 25,997,069 shares of the company’s stock worth $1,421,260,000 after purchasing an additional 2,477,014 shares during the last quarter. Ballentine Partners LLC raised its stake in shares of iShares Global Infrastructure ETF by 695.2% in the second quarter. Ballentine Partners LLC now owns 2,299,155 shares of the company’s stock worth $136,110,000 after purchasing an additional 2,010,033 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of iShares Global Infrastructure ETF in the first quarter worth $15,862,000. Finally, MAI Capital Management raised its stake in shares of iShares Global Infrastructure ETF by 38.3% in the first quarter. MAI Capital Management now owns 506,765 shares of the company’s stock worth $27,705,000 after purchasing an additional 140,212 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

IGF stock opened at $62.04 on Friday. iShares Global Infrastructure ETF has a 1-year low of $49.74 and a 1-year high of $62.53. The business has a fifty day moving average price of $60.89 and a 200-day moving average price of $58.76. The stock has a market capitalization of $8.51 billion, a P/E ratio of 20.10 and a beta of 0.80.

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.