iShares Global Infrastructure ETF (NASDAQ:IGF) Reaches New 12-Month High – Time to Buy?

iShares Global Infrastructure ETF (NASDAQ:IGF) shares hit a new 52-week high on Monday . The stock traded as high as $54.85 and last traded at $54.77, with a volume of 704866 shares changing hands. The stock had previously closed at $54.42.

iShares Global Infrastructure ETF Stock Up 0.9 %

The company has a 50-day moving average price of $52.81 and a two-hundred day moving average price of $50.18. The stock has a market capitalization of $4.34 billion, a P/E ratio of 22.20 and a beta of 0.80.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC grew its position in iShares Global Infrastructure ETF by 1.7% during the second quarter. Brighton Jones LLC now owns 14,418 shares of the company’s stock valued at $691,000 after acquiring an additional 238 shares during the last quarter. Quent Capital LLC grew its holdings in shares of iShares Global Infrastructure ETF by 60.7% in the third quarter. Quent Capital LLC now owns 638 shares of the company’s stock worth $35,000 after purchasing an additional 241 shares during the last quarter. Hoxton Planning & Management LLC grew its holdings in shares of iShares Global Infrastructure ETF by 4.6% in the third quarter. Hoxton Planning & Management LLC now owns 6,352 shares of the company’s stock worth $346,000 after purchasing an additional 279 shares during the last quarter. Capital Insight Partners LLC grew its holdings in shares of iShares Global Infrastructure ETF by 0.4% in the second quarter. Capital Insight Partners LLC now owns 76,724 shares of the company’s stock worth $3,677,000 after purchasing an additional 282 shares during the last quarter. Finally, Forte Asset Management LLC grew its holdings in shares of iShares Global Infrastructure ETF by 1.2% in the first quarter. Forte Asset Management LLC now owns 23,963 shares of the company’s stock worth $1,141,000 after purchasing an additional 293 shares during the last quarter.

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.