iShares Global Infrastructure ETF (NASDAQ:IGF) Stock Short Interest Report for October

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

iShares Global Infrastructure ETF Stock Up 0.3%

Shares of NASDAQ IGF traded up $0.20 during trading on Friday, reaching $67.02. The company had a trading volume of 513,993 shares, compared to its average volume of 868,988. iShares Global Infrastructure ETF has a 12-month low of $60.58 and a 12-month high of $69.60. The stock has a market cap of $11.08 billion, a PE ratio of 20.10 and a beta of 0.61. The business’s 50-day moving average is $63.94 and its 200 day moving average is $66.08.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

A number of hedge funds have recently bought and sold shares of the company. Pictet Asset Management Holding SA grew its position in iShares Global Infrastructure ETF by 47.9% during the 3rd 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. NorthRock Partners LLC raised its holdings in iShares Global Infrastructure ETF by 15.3% in the second quarter. NorthRock Partners LLC now owns 3,076,200 shares of the company’s stock worth $204,875,000 after buying an additional 407,357 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares Global Infrastructure ETF by 132.1% in the first quarter. Bank of New York Mellon Corp now owns 683,235 shares of the company’s stock worth $45,777,000 after buying an additional 388,909 shares in the last quarter. Evergreen Capital Management LLC bought a new position in shares of iShares Global Infrastructure ETF in the third quarter worth approximately $23,569,000. Finally, HighTower Advisors LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter valued at approximately $22,954,000.

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.