CIBC Private Wealth Group LLC Has $12.57 Million Stake in iShares Global Infrastructure ETF $IGF

CIBC Private Wealth Group LLC raised its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 39.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,666 shares of the company’s stock after acquiring an additional 58,321 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Global Infrastructure ETF were worth $12,570,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Northern Trust Corp increased its stake in shares of iShares Global Infrastructure ETF by 13.0% in the third quarter. Northern Trust Corp now owns 32,269,755 shares of the company’s stock worth $1,972,327,000 after purchasing an additional 3,701,749 shares during the period. Bank of America Corp DE boosted its stake in iShares Global Infrastructure ETF by 140.0% during the 2nd quarter. Bank of America Corp DE now owns 918,485 shares of the company’s stock valued at $54,374,000 after purchasing an additional 535,717 shares during the period. The Manufacturers Life Insurance Company grew its holdings in iShares Global Infrastructure ETF by 35.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,585,267 shares of the company’s stock valued at $93,848,000 after buying an additional 411,623 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in iShares Global Infrastructure ETF in the 3rd quarter valued at approximately $12,172,000. Finally, Chicago Wealth Management Inc. bought a new position in iShares Global Infrastructure ETF in the 2nd quarter worth approximately $10,645,000.

iShares Global Infrastructure ETF Stock Up 0.5%

Shares of IGF stock opened at $66.89 on Friday. iShares Global Infrastructure ETF has a 12 month low of $49.74 and a 12 month high of $69.60. The firm has a market cap of $9.80 billion, a PE ratio of 20.10 and a beta of 0.73. The stock has a 50 day moving average of $65.88 and a 200-day moving average of $62.98.

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.