Mesirow Financial Investment Management Inc. Cuts Stock Position in iShares Global Infrastructure ETF $IGF

Mesirow Financial Investment Management Inc. cut its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 22.3% in the second quarter, Holdings Channel reports. The institutional investor owned 25,074 shares of the company’s stock after selling 7,194 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in iShares Global Infrastructure ETF were worth $1,484,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Chilton Capital Management LLC acquired a new stake in shares of iShares Global Infrastructure ETF in the second quarter worth approximately $28,000. Allworth Financial LP boosted its stake in shares of iShares Global Infrastructure ETF by 57.3% in the first 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 boosted its stake in shares of iShares Global Infrastructure ETF by 508.5% in the first quarter. Smartleaf Asset Management LLC now owns 858 shares of the company’s stock worth $47,000 after acquiring an additional 717 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of iShares Global Infrastructure ETF in the second quarter worth approximately $47,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Global Infrastructure ETF in the second quarter worth approximately $61,000.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ:IGF opened at $61.00 on Friday. The business’s 50 day moving average price is $61.03 and its 200-day moving average price is $59.41. The firm has a market capitalization of $8.45 billion, a PE ratio of 20.10 and a beta of 0.73. iShares Global Infrastructure ETF has a 1 year low of $49.74 and a 1 year high of $62.53.

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.