JPMorgan Chase & Co. Buys 46,312 Shares of iShares Global Infrastructure ETF $IGF

JPMorgan Chase & Co. boosted its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 14.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 370,804 shares of the company’s stock after acquiring an additional 46,312 shares during the period. JPMorgan Chase & Co. owned 0.27% of iShares Global Infrastructure ETF worth $22,664,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IGF. IFP Advisors Inc boosted its holdings in shares of iShares Global Infrastructure ETF by 66.6% during the 3rd quarter. IFP Advisors Inc now owns 3,192 shares of the company’s stock valued at $195,000 after purchasing an additional 1,276 shares during the last quarter. CIBC Private Wealth Group LLC increased its holdings in shares of 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 worth $12,570,000 after purchasing an additional 58,321 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of iShares Global Infrastructure ETF in the third quarter worth about $12,172,000. Oarsman Capital Inc. lifted its position in shares of iShares Global Infrastructure ETF by 4.6% in the third quarter. Oarsman Capital Inc. now owns 9,479 shares of the company’s stock worth $579,000 after buying an additional 417 shares in the last quarter. Finally, Penobscot Wealth Management boosted its stake in iShares Global Infrastructure ETF by 6.6% during the third quarter. Penobscot Wealth Management now owns 23,428 shares of the company’s stock valued at $1,432,000 after buying an additional 1,446 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

NASDAQ IGF opened at $66.35 on Wednesday. The stock has a market capitalization of $9.72 billion, a PE ratio of 20.10 and a beta of 0.73. The business has a 50 day simple moving average of $66.12 and a two-hundred day simple moving average of $63.14. iShares Global Infrastructure ETF has a 1-year low of $49.74 and a 1-year high of $69.60.

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.