iShares Global Infrastructure ETF (NASDAQ:IGF – Get Free Report) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 906,000 shares, a growth of 5.3% from the October 15th total of 860,100 shares. Based on an average daily trading volume, of 758,200 shares, the days-to-cover ratio is presently 1.2 days.
Hedge Funds Weigh In On iShares Global Infrastructure ETF
A number of institutional investors have recently made changes to their positions in IGF. Raymond James Financial Services Advisors Inc. lifted its stake in shares of iShares Global Infrastructure ETF by 9.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 66,712 shares of the company’s stock valued at $3,132,000 after buying an additional 5,493 shares during the period. Macquarie Group Ltd. boosted its holdings in shares of iShares Global Infrastructure ETF by 8.6% during the first quarter. Macquarie Group Ltd. now owns 82,790 shares of the company’s stock worth $3,949,000 after purchasing an additional 6,539 shares during the last quarter. Edge Capital Group LLC grew its position in shares of iShares Global Infrastructure ETF by 62.0% in the first quarter. Edge Capital Group LLC now owns 14,119 shares of the company’s stock valued at $673,000 after purchasing an additional 5,403 shares during the period. All Season Financial Advisors Inc. increased its stake in iShares Global Infrastructure ETF by 24.2% in the second quarter. All Season Financial Advisors Inc. now owns 12,693 shares of the company’s stock valued at $596,000 after purchasing an additional 2,473 shares during the last quarter. Finally, Cypress Capital Group purchased a new position in iShares Global Infrastructure ETF during the first quarter worth about $203,000.
iShares Global Infrastructure ETF Trading Up 1.2 %
Shares of NASDAQ:IGF traded up $0.55 during midday trading on Friday, hitting $45.31. 1,003,608 shares of the stock were exchanged, compared to its average volume of 501,020. The stock has a market cap of $3.52 billion, a P/E ratio of 20.87 and a beta of 0.80. iShares Global Infrastructure ETF has a twelve month low of $40.38 and a twelve month high of $49.25. The company has a 50 day moving average price of $43.38 and a 200-day moving average price of $45.52.
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.
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