Cavalier Investments LLC Grows Position in iShares Global Infrastructure ETF $IGF

Cavalier Investments LLC lifted its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 748.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 167,971 shares of the company’s stock after acquiring an additional 148,175 shares during the period. iShares Global Infrastructure ETF accounts for about 0.5% of Cavalier Investments LLC’s investment portfolio, making the stock its 13th biggest holding. Cavalier Investments LLC’s holdings in iShares Global Infrastructure ETF were worth $11,187,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rice Partnership LLC purchased a new position in iShares Global Infrastructure ETF during the fourth quarter valued at $25,000. Aptus Capital Advisors LLC bought a new stake in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at $25,000. Ameriflex Group Inc. purchased a new stake in shares of iShares Global Infrastructure ETF in the 4th quarter worth about $39,000. Vestor Capital LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the 1st quarter worth about $44,000. Finally, Optiver Holding B.V. bought a new position in shares of iShares Global Infrastructure ETF in the 1st quarter worth about $55,000.

iShares Global Infrastructure ETF Price Performance

Shares of iShares Global Infrastructure ETF stock opened at $65.14 on Tuesday. iShares Global Infrastructure ETF has a 1 year low of $59.40 and a 1 year high of $69.60. The firm has a market cap of $10.68 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. The company has a 50-day moving average of $66.46 and a 200 day moving average of $66.98.

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.