Sunbeam Capital Management LLC Makes New Investment in iShares Global Infrastructure ETF (NASDAQ:IGF)

Sunbeam Capital Management LLC acquired a new stake in iShares Global Infrastructure ETF (NASDAQ:IGF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 9,368 shares of the company’s stock, valued at approximately $490,000.

Several other hedge funds have also modified their holdings of IGF. Park Avenue Securities LLC raised its holdings in shares of iShares Global Infrastructure ETF by 8.5% in the 4th quarter. Park Avenue Securities LLC now owns 6,600 shares of the company’s stock valued at $345,000 after purchasing an additional 515 shares in the last quarter. Atomi Financial Group Inc. grew its stake in shares of iShares Global Infrastructure ETF by 4.9% during the fourth quarter. Atomi Financial Group Inc. now owns 6,375 shares of the company’s stock worth $333,000 after purchasing an additional 300 shares in the last quarter. CX Institutional grew its stake in shares of iShares Global Infrastructure ETF by 8.0% during the fourth quarter. CX Institutional now owns 72,016 shares of the company’s stock worth $3,764,000 after purchasing an additional 5,339 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in iShares Global Infrastructure ETF by 30.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock valued at $57,000 after buying an additional 253 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in shares of iShares Global Infrastructure ETF by 10.2% during the 4th quarter. Fifth Third Bancorp now owns 1,354,116 shares of the company’s stock worth $70,780,000 after acquiring an additional 125,320 shares in the last quarter.

iShares Global Infrastructure ETF Stock Performance

NASDAQ:IGF opened at $58.74 on Friday. iShares Global Infrastructure ETF has a 1 year low of $47.49 and a 1 year high of $59.13. The stock has a market cap of $6.67 billion, a P/E ratio of 19.55 and a beta of 0.80. The stock has a 50-day simple moving average of $55.54 and a 200-day simple moving average of $54.28.

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.