813,410 iShares Global Infrastructure ETF $IGF Shares Purchased by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lifted its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 47.9% in the third quarter, HoldingsChannel.com reports. The fund owned 2,511,092 shares of the company’s stock after purchasing an additional 813,410 shares during the period. Pictet Asset Management Holding SA’s holdings in iShares Global Infrastructure ETF were worth $155,005,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. BlueChip Wealth Advisors LLC raised its stake in iShares Global Infrastructure ETF by 3.6% during the 1st quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock valued at $285,000 after buying an additional 149 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of iShares Global Infrastructure ETF by 1.4% in the first quarter. NewEdge Advisors LLC now owns 11,610 shares of the company’s stock worth $778,000 after buying an additional 159 shares during the period. Choreo LLC raised its stake in iShares Global Infrastructure ETF by 4.3% during the 3rd quarter. Choreo LLC now owns 4,042 shares of the company’s stock worth $249,000 after acquiring an additional 168 shares during the period. Waverly Advisors LLC raised its position in shares of iShares Global Infrastructure ETF by 1.4% during the 1st quarter. Waverly Advisors LLC now owns 12,479 shares of the company’s stock valued at $836,000 after purchasing an additional 169 shares during the period. Finally, Quadrant Private Wealth Management LLC lifted its position in shares of iShares Global Infrastructure ETF by 3.5% in the first quarter. Quadrant Private Wealth Management LLC now owns 5,603 shares of the company’s stock valued at $375,000 after acquiring an additional 191 shares in the last quarter.

iShares Global Infrastructure ETF Price Performance

IGF stock opened at $65.12 on Monday. iShares Global Infrastructure ETF has a 1-year low of $60.58 and a 1-year high of $69.60. The company has a market capitalization of $10.76 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. The business has a 50 day simple moving average of $63.80 and a two-hundred day simple moving average of $66.01.

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.