iShares Global Infrastructure ETF (NASDAQ:IGF) Shares Acquired by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV lifted its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 933.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,994 shares of the company’s stock after buying an additional 74,964 shares during the period. Mercer Global Advisors Inc. ADV owned approximately 0.11% of iShares Global Infrastructure ETF worth $3,977,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Mather Group LLC. acquired a new stake in iShares Global Infrastructure ETF during the 1st quarter worth about $32,000. Heritage Wealth Advisors purchased a new stake in iShares Global Infrastructure ETF in the fourth quarter valued at approximately $123,000. Northwest Bank & Trust Co purchased a new stake in iShares Global Infrastructure ETF in the fourth quarter valued at approximately $123,000. Cullen Frost Bankers Inc. acquired a new position in iShares Global Infrastructure ETF in the 2nd quarter worth approximately $139,000. Finally, GFS Advisors LLC purchased a new position in iShares Global Infrastructure ETF during the 1st quarter worth approximately $200,000.

iShares Global Infrastructure ETF Price Performance

IGF stock opened at $53.92 on Friday. The company has a market capitalization of $3.97 billion, a P/E ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 12 month low of $40.38 and a 12 month high of $54.18. The firm’s fifty day simple moving average is $51.20 and its 200-day simple moving average is $49.25.

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.