Tepp RIA LLC Purchases 25,620 Shares of iShares Global Infrastructure ETF $IGF

Tepp RIA LLC grew its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 35.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 98,044 shares of the company’s stock after purchasing an additional 25,620 shares during the period. iShares Global Infrastructure ETF makes up 5.9% of Tepp RIA LLC’s holdings, making the stock its 5th largest position. Tepp RIA LLC owned approximately 0.07% of iShares Global Infrastructure ETF worth $6,016,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IGF. NewEdge Advisors LLC increased its holdings 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 valued at $69,000 after purchasing an additional 191 shares during the period. Cerity Partners LLC increased its holdings in shares of iShares Global Infrastructure ETF by 35.6% in the second quarter. Cerity Partners LLC now owns 28,043 shares of the company’s stock valued at $1,660,000 after purchasing an additional 7,366 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of iShares Global Infrastructure ETF by 264.6% in the second quarter. Qube Research & Technologies Ltd now owns 122,857 shares of the company’s stock valued at $7,273,000 after purchasing an additional 89,165 shares during the period. Raymond James Financial Inc. increased its holdings in shares of iShares Global Infrastructure ETF by 76.3% in the second quarter. Raymond James Financial Inc. now owns 276,566 shares of the company’s stock valued at $16,373,000 after purchasing an additional 119,700 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of iShares Global Infrastructure ETF in the second quarter valued at about $6,287,000.

iShares Global Infrastructure ETF Stock Performance

Shares of IGF stock opened at $67.37 on Wednesday. The stock’s 50-day simple moving average is $67.31 and its 200-day simple moving average is $64.61. The firm has a market capitalization of $10.49 billion, a PE ratio of 20.10 and a beta of 0.63. iShares Global Infrastructure ETF has a fifty-two week low of $56.79 and a fifty-two week high of $69.60.

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.