iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Update

iShares Global Infrastructure ETF (NASDAQ:IGFGet Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 537,800 shares, a growth of 17.5% from the April 30th total of 457,700 shares. Based on an average daily trading volume, of 361,800 shares, the short-interest ratio is presently 1.5 days.

iShares Global Infrastructure ETF Stock Up 1.6 %

IGF traded up $0.77 during trading on Friday, reaching $50.42. 187,957 shares of the company were exchanged, compared to its average volume of 392,692. The company’s 50-day moving average is $48.29 and its two-hundred day moving average is $46.83. The company has a market cap of $3.78 billion, a price-to-earnings 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 $50.75.

Institutional Trading of iShares Global Infrastructure ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Nepc LLC raised its holdings in shares of iShares Global Infrastructure ETF by 61.9% in the 1st quarter. Nepc LLC now owns 585,886 shares of the company’s stock valued at $27,900,000 after acquiring an additional 224,077 shares in the last quarter. Heartland Bank & Trust Co increased its position in shares of iShares Global Infrastructure ETF by 8.8% during the 1st quarter. Heartland Bank & Trust Co now owns 289,337 shares of the company’s stock valued at $13,778,000 after purchasing an additional 23,464 shares during the last quarter. Coppell Advisory Solutions Corp. bought a new position in shares of iShares Global Infrastructure ETF during the 1st quarter valued at about $438,000. Jane Street Group LLC increased its position in shares of iShares Global Infrastructure ETF by 288.8% during the 1st quarter. Jane Street Group LLC now owns 390,079 shares of the company’s stock valued at $18,576,000 after purchasing an additional 289,762 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of iShares Global Infrastructure ETF by 67.0% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 21,116 shares of the company’s stock valued at $1,006,000 after purchasing an additional 8,472 shares during the last quarter.

iShares Global Infrastructure ETF Company Profile

(Get Free Report)

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.

Further Reading

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