Telemus Capital LLC Purchases 7,889 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Telemus Capital LLC boosted its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 17.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,246 shares of the company’s stock after purchasing an additional 7,889 shares during the period. Telemus Capital LLC owned 0.06% of iShares Global Infrastructure ETF worth $2,453,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of IGF. Arcadia Investment Management Corp MI bought a new position in shares of iShares Global Infrastructure ETF in the 1st quarter worth $28,000. Money Concepts Capital Corp grew its position in shares of iShares Global Infrastructure ETF by 769.3% during the 4th quarter. Money Concepts Capital Corp now owns 652 shares of the company’s stock worth $30,000 after buying an additional 577 shares during the period. Eagle Bay Advisors LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 2nd quarter valued at about $32,000. CoreCap Advisors LLC acquired a new stake in shares of iShares Global Infrastructure ETF in the 4th quarter valued at approximately $33,000. Finally, Venturi Wealth Management LLC bought a new position in iShares Global Infrastructure ETF during the 1st quarter worth approximately $43,000.

iShares Global Infrastructure ETF Stock Performance

NASDAQ:IGF traded up $0.03 during trading hours on Friday, hitting $45.76. The stock had a trading volume of 8,496,671 shares, compared to its average volume of 436,224. The business’s 50 day moving average is $46.18 and its 200-day moving average is $47.30. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 20.87 and a beta of 0.80. iShares Global Infrastructure ETF has a one year low of $39.95 and a one year high of $49.25.

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.