Marks Group Wealth Management Inc Increases Stake in iShares Global Infrastructure ETF (NASDAQ:IGF)

Marks Group Wealth Management Inc grew its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 75.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,620 shares of the company’s stock after buying an additional 10,618 shares during the quarter. Marks Group Wealth Management Inc’s holdings in iShares Global Infrastructure ETF were worth $1,158,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of IGF. Telemus Capital LLC grew its stake in iShares Global Infrastructure ETF by 204.6% in the 4th quarter. Telemus Capital LLC now owns 175,340 shares of the company’s stock valued at $8,250,000 after acquiring an additional 117,782 shares during the last quarter. EFG Asset Management Americas Corp. boosted its stake in shares of iShares Global Infrastructure ETF by 51.7% during the 4th quarter. EFG Asset Management Americas Corp. now owns 59,962 shares of the company’s stock worth $2,821,000 after purchasing an additional 20,443 shares during the last quarter. CWM LLC acquired a new stake in shares of iShares Global Infrastructure ETF during the 4th quarter worth about $26,000. Verdence Capital Advisors LLC boosted its stake in shares of iShares Global Infrastructure ETF by 9.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 5,514 shares of the company’s stock worth $259,000 after purchasing an additional 455 shares during the last quarter. Finally, Greenleaf Trust boosted its stake in shares of iShares Global Infrastructure ETF by 33.8% during the 4th quarter. Greenleaf Trust now owns 10,627 shares of the company’s stock worth $500,000 after purchasing an additional 2,685 shares during the last quarter.

iShares Global Infrastructure ETF Trading Up 1.2 %

Shares of iShares Global Infrastructure ETF stock traded up $0.55 during mid-day trading on Tuesday, hitting $47.44. 441,027 shares of the stock were exchanged, compared to its average volume of 394,366. iShares Global Infrastructure ETF has a twelve month low of $40.38 and a twelve month high of $49.25. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 20.90 and a beta of 0.64. The company has a 50-day simple moving average of $46.29 and a 200 day simple moving average of $45.52.

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.