Assetmark Inc. Decreases Position in iShares Global Infrastructure ETF $IGF

Assetmark Inc. trimmed its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 96.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,346 shares of the company’s stock after selling 1,289,935 shares during the quarter. Assetmark Inc.’s holdings in iShares Global Infrastructure ETF were worth $3,273,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its stake in iShares Global Infrastructure ETF by 39.6% in the third quarter. CIBC Private Wealth Group LLC now owns 205,666 shares of the company’s stock valued at $12,570,000 after acquiring an additional 58,321 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in shares of iShares Global Infrastructure ETF by 676.8% during the third quarter. Evergreen Capital Management LLC now owns 37,510 shares of the company’s stock worth $2,293,000 after purchasing an additional 32,681 shares during the last quarter. Forefront Wealth Partners LLC acquired a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth about $4,302,000. Commonwealth Equity Services LLC increased its position in shares of iShares Global Infrastructure ETF by 21.2% during the third quarter. Commonwealth Equity Services LLC now owns 83,161 shares of the company’s stock worth $5,083,000 after purchasing an additional 14,537 shares in the last quarter. Finally, Diversify Advisory Services LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at about $675,000.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ IGF opened at $67.56 on Monday. The stock has a market cap of $10.37 billion, a PE ratio of 20.10 and a beta of 0.67. iShares Global Infrastructure ETF has a 52-week low of $54.21 and a 52-week high of $69.60. The business has a 50-day moving average price of $67.56 and a 200 day moving average price of $64.01.

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.