iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Strong Trading Volume – Here’s Why

iShares Global Infrastructure ETF (NASDAQ:IGF) shares saw strong trading volume on Tuesday . 249,298 shares changed hands during mid-day trading, a decline of 32% from the previous session’s volume of 366,675 shares.The stock last traded at $54.53 and had previously closed at $54.75.

iShares Global Infrastructure ETF Trading Down 0.1 %

The stock’s 50 day moving average price is $53.39 and its 200 day moving average price is $50.47. The firm has a market cap of $4.36 billion, a PE ratio of 22.20 and a beta of 0.80.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

A number of large investors have recently modified their holdings of the stock. Brighton Jones LLC lifted its stake in shares of iShares Global Infrastructure ETF by 1.7% in the second quarter. Brighton Jones LLC now owns 14,418 shares of the company’s stock worth $691,000 after acquiring an additional 238 shares in the last quarter. Quent Capital LLC raised its position in shares of iShares Global Infrastructure ETF by 60.7% in the 3rd quarter. Quent Capital LLC now owns 638 shares of the company’s stock valued at $35,000 after purchasing an additional 241 shares in the last quarter. Greenleaf Trust boosted its stake in shares of iShares Global Infrastructure ETF by 2.9% during the 3rd quarter. Greenleaf Trust now owns 9,744 shares of the company’s stock valued at $530,000 after buying an additional 272 shares during the last quarter. Hoxton Planning & Management LLC grew its position in shares of iShares Global Infrastructure ETF by 4.6% during the third quarter. Hoxton Planning & Management LLC now owns 6,352 shares of the company’s stock worth $346,000 after buying an additional 279 shares in the last quarter. Finally, Capital Insight Partners LLC increased its stake in shares of iShares Global Infrastructure ETF by 0.4% in the second quarter. Capital Insight Partners LLC now owns 76,724 shares of the company’s stock worth $3,677,000 after buying an additional 282 shares during the last quarter.

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.