Marks Group Wealth Management Inc Has $1.16 Million Stock Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Marks Group Wealth Management Inc grew its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 75.8% in the 4th quarter, Holdings Channel reports. The fund owned 24,620 shares of the company’s stock after purchasing an additional 10,618 shares during the quarter. Marks Group Wealth Management Inc’s holdings in iShares Global Infrastructure ETF were worth $1,158,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Varma Mutual Pension Insurance Co bought a new position in iShares Global Infrastructure ETF in the third quarter worth $14,724,000. Ballentine Partners LLC lifted its position in iShares Global Infrastructure ETF by 3,613.2% in the fourth quarter. Ballentine Partners LLC now owns 300,507 shares of the company’s stock worth $14,139,000 after purchasing an additional 292,414 shares during the period. The Manufacturers Life Insurance Company lifted its position in iShares Global Infrastructure ETF by 14.6% in the third quarter. The Manufacturers Life Insurance Company now owns 1,777,343 shares of the company’s stock worth $76,945,000 after purchasing an additional 227,048 shares during the period. Column Capital Advisors LLC lifted its position in iShares Global Infrastructure ETF by 14.8% in the third quarter. Column Capital Advisors LLC now owns 1,622,507 shares of the company’s stock worth $70,238,000 after purchasing an additional 209,660 shares during the period. Finally, Pathstone Family Office LLC bought a new position in iShares Global Infrastructure ETF in the third quarter worth $7,006,000.

iShares Global Infrastructure ETF Trading Up 1.2 %

IGF stock traded up $0.55 during midday trading on Tuesday, hitting $47.44. The stock had a trading volume of 441,027 shares, compared to its average volume of 394,366. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 20.90 and a beta of 0.64. iShares Global Infrastructure ETF has a 52 week low of $40.38 and a 52 week high of $49.25. The stock has a 50-day simple moving average of $46.29 and a 200 day simple moving average of $45.52.

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.