Connable Office Inc. Takes $17.18 Million Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Connable Office Inc. acquired a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGFFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 365,078 shares of the company’s stock, valued at approximately $17,177,000. iShares Global Infrastructure ETF comprises 2.1% of Connable Office Inc.’s portfolio, making the stock its 9th largest holding. Connable Office Inc. owned approximately 0.47% of iShares Global Infrastructure ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC increased its stake in iShares Global Infrastructure ETF by 18.2% in the 3rd quarter. Private Advisor Group LLC now owns 9,395 shares of the company’s stock worth $404,000 after buying an additional 1,449 shares during the period. Clearstead Advisors LLC boosted its stake in shares of iShares Global Infrastructure ETF by 28.1% during the third quarter. Clearstead Advisors LLC now owns 40,280 shares of the company’s stock valued at $1,744,000 after purchasing an additional 8,845 shares in the last quarter. Motco increased its holdings in iShares Global Infrastructure ETF by 12.2% during the third quarter. Motco now owns 6,875 shares of the company’s stock valued at $298,000 after buying an additional 749 shares during the period. Avantax Advisory Services Inc. bought a new position in iShares Global Infrastructure ETF in the third quarter worth approximately $231,000. Finally, Total Wealth Planning LLC lifted its holdings in iShares Global Infrastructure ETF by 6.2% during the third quarter. Total Wealth Planning LLC now owns 81,606 shares of the company’s stock worth $3,533,000 after buying an additional 4,760 shares during the period.

iShares Global Infrastructure ETF Stock Up 0.5 %

Shares of NASDAQ IGF traded up $0.23 during mid-day trading on Monday, reaching $49.85. 258,000 shares of the company were exchanged, compared to its average volume of 398,896. iShares Global Infrastructure ETF has a 1 year low of $40.38 and a 1 year high of $50.75. The firm has a 50-day moving average of $48.05 and a 200 day moving average of $46.69. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Global Infrastructure ETF (NASDAQ:IGF)

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