Wealth Enhancement Advisory Services LLC Raises Stock Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Wealth Enhancement Advisory Services LLC increased its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 13.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 10,793 shares of the company’s stock after purchasing an additional 1,242 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in iShares Global Infrastructure ETF were worth $564,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Northern Trust Corp increased its stake in shares of iShares Global Infrastructure ETF by 8.6% in the fourth quarter. Northern Trust Corp now owns 23,520,055 shares of the company’s stock worth $1,229,393,000 after buying an additional 1,871,592 shares during the period. US Bancorp DE increased its position in iShares Global Infrastructure ETF by 0.6% during the 4th quarter. US Bancorp DE now owns 1,706,178 shares of the company’s stock valued at $89,182,000 after purchasing an additional 9,568 shares during the period. Mariner LLC increased its position in iShares Global Infrastructure ETF by 5.2% during the 4th quarter. Mariner LLC now owns 1,371,373 shares of the company’s stock valued at $71,683,000 after purchasing an additional 67,336 shares during the period. Captrust Financial Advisors increased its position in iShares Global Infrastructure ETF by 0.8% during the 4th quarter. Captrust Financial Advisors now owns 1,322,897 shares of the company’s stock valued at $69,148,000 after purchasing an additional 10,121 shares during the period. Finally, Nepc LLC increased its position in iShares Global Infrastructure ETF by 18.0% during the 4th quarter. Nepc LLC now owns 691,199 shares of the company’s stock valued at $36,129,000 after purchasing an additional 105,313 shares during the period.

iShares Global Infrastructure ETF Trading Up 0.3%

Shares of iShares Global Infrastructure ETF stock opened at $59.31 on Thursday. The company’s fifty day simple moving average is $56.75 and its two-hundred day simple moving average is $54.72. The company has a market cap of $6.73 billion, a P/E ratio of 19.55 and a beta of 0.80. iShares Global Infrastructure ETF has a 12-month low of $47.49 and a 12-month high of $59.74.

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.