Y Intercept Hong Kong Ltd Lowers Holdings in iShares Global Infrastructure ETF $IGF

Y Intercept Hong Kong Ltd reduced its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 74.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,578 shares of the company’s stock after selling 10,286 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in iShares Global Infrastructure ETF were worth $212,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. NewEdge Advisors LLC grew its holdings in iShares Global Infrastructure ETF by 17.9% during the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after acquiring an additional 191 shares during the period. Signature Estate & Investment Advisors LLC boosted its position in iShares Global Infrastructure ETF by 1.8% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 12,646 shares of the company’s stock worth $749,000 after purchasing an additional 221 shares in the last quarter. Allworth Financial LP grew its stake in shares of iShares Global Infrastructure ETF by 57.3% during the 1st quarter. Allworth Financial LP now owns 686 shares of the company’s stock worth $39,000 after purchasing an additional 250 shares during the period. Freedom Investment Management Inc. lifted its stake in shares of iShares Global Infrastructure ETF by 3.7% in the 2nd quarter. Freedom Investment Management Inc. now owns 8,505 shares of the company’s stock valued at $503,000 after purchasing an additional 302 shares during the period. Finally, Brighton Jones LLC boosted its holdings in iShares Global Infrastructure ETF by 3.7% during the second quarter. Brighton Jones LLC now owns 9,941 shares of the company’s stock worth $588,000 after buying an additional 359 shares in the last quarter.

iShares Global Infrastructure ETF Stock Performance

IGF stock opened at $61.65 on Friday. iShares Global Infrastructure ETF has a one year low of $49.74 and a one year high of $62.53. The firm’s fifty day moving average is $61.10 and its 200 day moving average is $59.66. The firm has a market cap of $8.58 billion, a PE ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF 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.