IFG Advisory LLC Invests $915,000 in iShares Global Infrastructure ETF (NASDAQ:IGF)

IFG Advisory LLC purchased a new position in iShares Global Infrastructure ETF (NASDAQ:IGF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,446 shares of the company’s stock, valued at approximately $915,000.

A number of other institutional investors have also recently made changes to their positions in IGF. Money Concepts Capital Corp boosted its position in iShares Global Infrastructure ETF by 769.3% during the 4th quarter. Money Concepts Capital Corp now owns 652 shares of the company’s stock valued at $30,000 after buying an additional 577 shares during the period. Eagle Bay Advisors LLC purchased a new stake in iShares Global Infrastructure ETF during the 2nd quarter valued at $32,000. Ancora Advisors LLC boosted its position in iShares Global Infrastructure ETF by 73.5% during the 3rd quarter. Ancora Advisors LLC now owns 708 shares of the company’s stock valued at $31,000 after buying an additional 300 shares during the period. West Tower Group LLC purchased a new stake in iShares Global Infrastructure ETF during the 2nd quarter valued at $70,000. Finally, Alaska Wealth Advisors purchased a new stake in iShares Global Infrastructure ETF during the 4th quarter valued at $76,000.

iShares Global Infrastructure ETF Stock Up 1.5 %

Shares of IGF opened at $47.63 on Thursday. The stock has a market capitalization of $3.69 billion, a P/E ratio of 20.87 and a beta of 0.80. The firm has a fifty day simple moving average of $45.70 and a two-hundred day simple moving average of $45.16. iShares Global Infrastructure ETF has a twelve month low of $40.38 and a twelve month high of $49.25.

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.