HB Wealth Management LLC Lowers Holdings in iShares Global Infrastructure ETF $IGF

HB Wealth Management LLC decreased its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 6.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,255 shares of the company’s stock after selling 661 shares during the quarter. HB Wealth Management LLC’s holdings in iShares Global Infrastructure ETF were worth $607,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in IGF. Allworth Financial LP raised 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 purchasing an additional 250 shares during the last quarter. Smartleaf Asset Management LLC raised 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 purchasing an additional 717 shares during the last quarter. ORG Partners LLC purchased a new position in shares of iShares Global Infrastructure ETF in the second quarter worth $47,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Global Infrastructure ETF in the second quarter worth $61,000. Finally, NewEdge Advisors LLC raised its stake in shares of iShares Global Infrastructure ETF by 17.9% in the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after purchasing an additional 191 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

IGF stock opened at $61.61 on Friday. iShares Global Infrastructure ETF has a 1-year low of $49.74 and a 1-year high of $61.86. The business has a fifty day moving average price of $60.47 and a 200-day moving average price of $58.29. The stock has a market capitalization of $8.42 billion, a P/E ratio of 20.10 and a beta of 0.80.

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.