Northwestern Mutual Wealth Management Co. Buys 857,061 Shares of iShares Global Infrastructure ETF $IGF

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 1,527.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 913,157 shares of the company’s stock after buying an additional 857,061 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.62% of iShares Global Infrastructure ETF worth $56,031,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Trust Co. of Vermont purchased a new stake in shares of iShares Global Infrastructure ETF during the 4th quarter valued at approximately $25,000. Aptus Capital Advisors LLC purchased a new stake in iShares Global Infrastructure ETF in the 3rd quarter worth approximately $25,000. Quent Capital LLC purchased a new stake in iShares Global Infrastructure ETF in the 3rd quarter worth approximately $27,000. Dunhill Financial LLC lifted its stake in iShares Global Infrastructure ETF by 1,381.3% in the 4th quarter. Dunhill Financial LLC now owns 711 shares of the company’s stock worth $44,000 after purchasing an additional 663 shares in the last quarter. Finally, Grove Bank & Trust purchased a new stake in iShares Global Infrastructure ETF in the 4th quarter worth approximately $56,000.

iShares Global Infrastructure ETF Price Performance

NASDAQ IGF opened at $66.05 on Monday. iShares Global Infrastructure ETF has a 1 year low of $57.61 and a 1 year high of $69.60. The stock has a market capitalization of $10.28 billion, a PE ratio of 20.10 and a beta of 0.63. The company’s 50 day simple moving average is $67.22 and its two-hundred day simple moving average is $64.72.

iShares Global Infrastructure ETF Company 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.