iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Update

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,206,385 shares, an increase of 99.1% from the August 15th total of 606,040 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 709,565 shares, the short-interest ratio is currently 1.7 days.

Institutional Trading of iShares Global Infrastructure ETF

Several institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Global Infrastructure ETF by 1,527.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 913,157 shares of the company’s stock worth $56,031,000 after purchasing an additional 857,061 shares in the last quarter. NorthRock Partners LLC lifted its holdings in shares of iShares Global Infrastructure ETF by 15.3% during the 2nd quarter. NorthRock Partners LLC now owns 3,076,200 shares of the company’s stock valued at $204,875,000 after buying an additional 407,357 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares Global Infrastructure ETF by 132.1% in the 1st quarter. Bank of New York Mellon Corp now owns 683,235 shares of the company’s stock valued at $45,777,000 after buying an additional 388,909 shares in the last quarter. Heartland Bank & Trust Co bought a new stake in shares of iShares Global Infrastructure ETF in the 2nd quarter valued at approximately $23,446,000. Finally, Pictet Asset Management Holding SA grew its stake in shares of iShares Global Infrastructure ETF by 18.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,139,470 shares of the company’s stock valued at $142,318,000 after buying an additional 326,300 shares in the last quarter.

iShares Global Infrastructure ETF Trading Down 0.2%

Shares of NASDAQ IGF opened at $62.99 on Thursday. iShares Global Infrastructure ETF has a one year low of $60.03 and a one year high of $69.60. The business has a 50-day moving average price of $65.86 and a two-hundred day moving average price of $66.64. The firm has a market capitalization of $10.14 billion, a PE ratio of 20.10 and a beta of 0.60.

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.