Captrust Financial Advisors Cuts Stock Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Captrust Financial Advisors cut its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 20.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,312,776 shares of the company’s stock after selling 342,731 shares during the quarter. Captrust Financial Advisors’ holdings in iShares Global Infrastructure ETF were worth $71,454,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth approximately $26,000. Quent Capital LLC increased its position in shares of iShares Global Infrastructure ETF by 60.7% during the third quarter. Quent Capital LLC now owns 638 shares of the company’s stock worth $35,000 after purchasing an additional 241 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth approximately $45,000. First PREMIER Bank purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth approximately $76,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of iShares Global Infrastructure ETF during the second quarter worth approximately $139,000.

iShares Global Infrastructure ETF Stock Performance

Shares of IGF opened at $55.60 on Friday. iShares Global Infrastructure ETF has a one year low of $43.84 and a one year high of $55.79. The stock has a market capitalization of $4.48 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. The stock has a 50 day moving average price of $54.39 and a 200 day moving average price of $51.67.

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.