Forte Asset Management LLC Has $1.11 Million Stock Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Forte Asset Management LLC cut its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 41.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,670 shares of the company’s stock after selling 16,973 shares during the period. Forte Asset Management LLC’s holdings in iShares Global Infrastructure ETF were worth $1,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its stake in shares of iShares Global Infrastructure ETF by 339,189.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 142,674,411 shares of the company’s stock valued at $6,540,195,000 after purchasing an additional 142,632,360 shares during the last quarter. BlackRock Inc. increased its stake in shares of iShares Global Infrastructure ETF by 0.3% in the 2nd quarter. BlackRock Inc. now owns 3,846,096 shares of the company’s stock valued at $180,574,000 after purchasing an additional 11,808 shares during the last quarter. Jane Street Group LLC bought a new stake in iShares Global Infrastructure ETF during the 4th quarter worth $146,946,000. The Manufacturers Life Insurance Company grew its position in iShares Global Infrastructure ETF by 14.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,777,343 shares of the company’s stock worth $76,945,000 after acquiring an additional 227,048 shares during the last quarter. Finally, Column Capital Advisors LLC grew its position in iShares Global Infrastructure ETF by 14.8% during the 3rd quarter. Column Capital Advisors LLC now owns 1,622,507 shares of the company’s stock worth $70,238,000 after acquiring an additional 209,660 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

IGF stock traded up $0.38 during midday trading on Friday, reaching $46.40. 36,930 shares of the stock were exchanged, compared to its average volume of 396,179. The stock has a market capitalization of $3.47 billion, a PE ratio of 20.87 and a beta of 0.80. iShares Global Infrastructure ETF has a 52 week low of $40.38 and a 52 week high of $49.25. The company has a fifty day moving average price of $46.22 and a 200 day moving average price of $45.40.

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.