Northwestern Mutual Wealth Management Co. reduced its position in iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) by 9.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,048 shares of the company’s stock after selling 3,376 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Global Infrastructure ETF were worth $1,584,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Mather Group LLC. acquired a new stake in iShares Global Infrastructure ETF in the first quarter valued at approximately $32,000. Northwest Bank & Trust Co acquired a new stake in shares of iShares Global Infrastructure ETF in the 4th quarter worth $123,000. Cullen Frost Bankers Inc. purchased a new position in iShares Global Infrastructure ETF during the 2nd quarter worth $139,000. Dorsey & Whitney Trust CO LLC acquired a new position in iShares Global Infrastructure ETF during the 2nd quarter valued at about $216,000. Finally, Worth Financial Advisory Group LLC acquired a new position in iShares Global Infrastructure ETF during the 2nd quarter valued at about $235,000.
iShares Global Infrastructure ETF Stock Performance
Shares of NASDAQ IGF opened at $54.65 on Friday. iShares Global Infrastructure ETF has a fifty-two week low of $40.38 and a fifty-two week high of $54.79. The company has a market cap of $4.22 billion, a PE ratio of 22.20 and a beta of 0.80. The business has a 50-day simple moving average of $52.16 and a two-hundred day simple moving average of $49.81.
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.
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