Penobscot Wealth Management Purchases 3,003 Shares of iShares Global Infrastructure ETF $IGF

Penobscot Wealth Management lifted its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 15.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,982 shares of the company’s stock after purchasing an additional 3,003 shares during the period. Penobscot Wealth Management’s holdings in iShares Global Infrastructure ETF were worth $1,301,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Northern Trust Corp lifted its position in shares of iShares Global Infrastructure ETF by 10.5% during the first quarter. Northern Trust Corp now owns 25,997,069 shares of the company’s stock valued at $1,421,260,000 after purchasing an additional 2,477,014 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Global Infrastructure ETF by 5,323.6% during the first quarter. LPL Financial LLC now owns 8,233,568 shares of the company’s stock valued at $450,129,000 after purchasing an additional 8,081,757 shares in the last quarter. Ballentine Partners LLC lifted its position in shares of iShares Global Infrastructure ETF by 695.2% during the second quarter. Ballentine Partners LLC now owns 2,299,155 shares of the company’s stock valued at $136,110,000 after purchasing an additional 2,010,033 shares in the last quarter. US Bancorp DE lifted its position in shares of iShares Global Infrastructure ETF by 0.8% during the second quarter. US Bancorp DE now owns 1,789,138 shares of the company’s stock valued at $105,917,000 after purchasing an additional 13,987 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of iShares Global Infrastructure ETF by 3.0% during the first quarter. The Manufacturers Life Insurance Company now owns 1,173,644 shares of the company’s stock valued at $64,163,000 after purchasing an additional 34,173 shares in the last quarter.

iShares Global Infrastructure ETF Stock Performance

Shares of IGF stock opened at $61.88 on Monday. The firm has a market cap of $8.55 billion, a price-to-earnings 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 $62.53. The firm’s 50-day simple moving average is $60.99 and its two-hundred day simple moving average is $59.17.

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.