44,158 Shares in iShares Global Infrastructure ETF $IGF Purchased by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV acquired a new stake in iShares Global Infrastructure ETF (NASDAQ:IGF) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 44,158 shares of the company’s stock, valued at approximately $2,718,000. iShares Global Infrastructure ETF makes up about 0.6% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 27th biggest position.

Several other large investors have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new position in shares of iShares Global Infrastructure ETF in the third quarter valued at about $42,000. Vestor Capital LLC acquired a new stake in iShares Global Infrastructure ETF in the 1st quarter worth about $44,000. Optiver Holding B.V. bought a new stake in iShares Global Infrastructure ETF in the 1st quarter valued at about $55,000. Parallel Advisors LLC boosted its holdings in iShares Global Infrastructure ETF by 425.0% in the 1st quarter. Parallel Advisors LLC now owns 1,050 shares of the company’s stock valued at $70,000 after purchasing an additional 850 shares during the period. Finally, Essential Partners LLC bought a new stake in iShares Global Infrastructure ETF in the 1st quarter valued at about $76,000.

iShares Global Infrastructure ETF Trading Down 0.6%

Shares of NASDAQ:IGF traded down $0.37 on Friday, reaching $65.12. 1,169,075 shares of the company’s stock were exchanged, compared to its average volume of 877,689. The company has a fifty day moving average of $63.80 and a 200-day moving average of $66.01. iShares Global Infrastructure ETF has a twelve month low of $60.58 and a twelve month high of $69.60. The company has a market capitalization of $10.78 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61.

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.