CIBC Bancorp USA Inc. Takes Position in iShares Global Infrastructure ETF $IGF

CIBC Bancorp USA Inc. purchased a new position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 199,148 shares of the company’s stock, valued at approximately $12,172,000. CIBC Bancorp USA Inc. owned 0.14% of iShares Global Infrastructure ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IGF. Aptus Capital Advisors LLC purchased a new position in iShares Global Infrastructure ETF during the third quarter worth about $25,000. Quent Capital LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at approximately $27,000. Accordant Advisory Group Inc acquired a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter worth approximately $32,000. Mather Group LLC. acquired a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter worth approximately $42,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of iShares Global Infrastructure ETF by 1,211.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,036 shares of the company’s stock worth $63,000 after purchasing an additional 957 shares during the period.

iShares Global Infrastructure ETF Stock Performance

iShares Global Infrastructure ETF stock opened at $66.89 on Friday. iShares Global Infrastructure ETF has a fifty-two week low of $49.74 and a fifty-two week high of $69.60. The firm has a 50 day moving average price of $65.88 and a 200 day moving average price of $62.98. The company has a market capitalization of $9.80 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.