Vestmark Advisory Solutions Inc. Buys New Shares in iShares Global Infrastructure ETF $IGF

Vestmark Advisory Solutions Inc. purchased a new position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) in the second quarter, HoldingsChannel.com reports. The firm purchased 171,088 shares of the company’s stock, valued at approximately $10,128,000.

A number of other hedge funds have also added to or reduced their stakes in IGF. Chilton Capital Management LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 2nd quarter valued at $28,000. Allworth Financial LP grew its stake in iShares Global Infrastructure ETF by 57.3% in the first quarter. Allworth Financial LP now owns 686 shares of the company’s stock valued at $39,000 after acquiring an additional 250 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of iShares Global Infrastructure ETF by 508.5% in the first quarter. Smartleaf Asset Management LLC now owns 858 shares of the company’s stock valued at $47,000 after buying an additional 717 shares in the last quarter. ORG Partners LLC bought a new position in shares of iShares Global Infrastructure ETF during the second quarter valued at about $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Global Infrastructure ETF in the second quarter valued at approximately $61,000.

iShares Global Infrastructure ETF Stock Performance

Shares of IGF stock opened at $61.14 on Friday. The firm has a market cap of $8.50 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73. The firm’s 50-day simple moving average is $61.07 and its two-hundred day simple moving average is $59.58. iShares Global Infrastructure ETF has a 52 week low of $49.74 and a 52 week high of $62.53.

About iShares Global Infrastructure ETF

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.