iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Large Decline in Short Interest

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 362,015 shares, a decrease of 73.4% from the October 15th total of 1,360,718 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 1,011,161 shares, the short-interest ratio is currently 0.4 days.

iShares Global Infrastructure ETF Trading Up 0.3%

iShares Global Infrastructure ETF stock traded up $0.20 on Friday, hitting $67.02. 513,993 shares of the stock traded hands, compared to its average volume of 868,988. The firm has a market cap of $11.08 billion, a P/E ratio of 20.10 and a beta of 0.61. The business’s fifty day simple moving average is $63.94 and its 200 day simple moving average is $66.08. iShares Global Infrastructure ETF has a 1 year low of $60.58 and a 1 year high of $69.60.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. NorthRock Partners LLC boosted its stake in iShares Global Infrastructure ETF by 15.3% during the second quarter. NorthRock Partners LLC now owns 3,076,200 shares of the company’s stock worth $204,875,000 after acquiring an additional 407,357 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of iShares Global Infrastructure ETF by 47.9% during the third quarter. Pictet Asset Management Holding SA now owns 2,511,092 shares of the company’s stock valued at $155,005,000 after purchasing an additional 813,410 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in shares of iShares Global Infrastructure ETF by 7.8% during the third quarter. TD Waterhouse Canada Inc. now owns 1,847,266 shares of the company’s stock valued at $120,887,000 after purchasing an additional 133,586 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares Global Infrastructure ETF by 15.1% during the second quarter. The Manufacturers Life Insurance Company now owns 1,270,372 shares of the company’s stock valued at $84,607,000 after purchasing an additional 166,339 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of iShares Global Infrastructure ETF by 6.0% in the 1st quarter. Bank of America Corp DE now owns 716,137 shares of the company’s stock worth $47,981,000 after purchasing an additional 40,225 shares in the last quarter.

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.