Beta Wealth Group Inc. Acquires New Position in iShares Global Infrastructure ETF $IGF

Beta Wealth Group Inc. acquired a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 74,415 shares of the company’s stock, valued at approximately $4,405,000. iShares Global Infrastructure ETF makes up 1.6% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 24th biggest holding. Beta Wealth Group Inc. owned 0.06% of iShares Global Infrastructure ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Chilton Capital Management LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the second quarter valued at approximately $28,000. Allworth Financial LP raised its holdings in iShares Global Infrastructure ETF by 57.3% in the 1st quarter. Allworth Financial LP now owns 686 shares of the company’s stock worth $39,000 after acquiring an additional 250 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in iShares Global Infrastructure ETF by 508.5% in the 1st quarter. Smartleaf Asset Management LLC now owns 858 shares of the company’s stock valued at $47,000 after acquiring an additional 717 shares in the last quarter. ORG Partners LLC purchased a new stake in iShares Global Infrastructure ETF during the 2nd quarter valued at $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Global Infrastructure ETF during the 2nd quarter valued at $61,000.

iShares Global Infrastructure ETF Trading Up 0.5%

iShares Global Infrastructure ETF stock opened at $62.18 on Friday. iShares Global Infrastructure ETF has a 12 month low of $49.74 and a 12 month high of $62.58. The stock has a fifty day simple moving average of $61.33 and a two-hundred day simple moving average of $59.86. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.

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.