Element Pointe Advisors LLC Makes New Investment in iShares Global Infrastructure ETF $IGF

Element Pointe Advisors LLC acquired a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) during the third quarter, according to its most recent disclosure with the SEC. The fund acquired 232,363 shares of the company’s stock, valued at approximately $14,304,000. iShares Global Infrastructure ETF makes up about 2.0% of Element Pointe Advisors LLC’s holdings, making the stock its 10th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlueChip Wealth Advisors LLC lifted its stake in shares of 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 in the last quarter. NewEdge Advisors LLC raised its position in shares of iShares Global Infrastructure ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 11,610 shares of the company’s stock valued at $778,000 after buying an additional 159 shares during the last quarter. Waverly Advisors LLC lifted its holdings in shares of iShares Global Infrastructure ETF by 1.4% in the first quarter. Waverly Advisors LLC now owns 12,479 shares of the company’s stock worth $836,000 after buying an additional 169 shares in the last quarter. Quadrant Private Wealth Management LLC grew its stake in iShares Global Infrastructure ETF by 3.5% during 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. Finally, SteelPeak Wealth LLC increased its holdings in iShares Global Infrastructure ETF by 2.7% in the 3rd quarter. SteelPeak Wealth LLC now owns 7,590 shares of the company’s stock valued at $467,000 after acquiring an additional 200 shares during the last quarter.

iShares Global Infrastructure ETF Trading Up 0.6%

NASDAQ:IGF opened at $64.51 on Thursday. The business’s 50-day moving average is $63.91 and its 200 day moving average is $65.88. iShares Global Infrastructure ETF has a 12 month low of $60.58 and a 12 month high of $69.60. The company has a market capitalization of $10.73 billion, a P/E ratio of 20.10 and a beta of 0.62.

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.