Capital Advisors Ltd. LLC Sells 4,685 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Capital Advisors Ltd. LLC reduced its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 17.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 22,296 shares of the company’s stock after selling 4,685 shares during the period. Capital Advisors Ltd. LLC’s holdings in iShares Global Infrastructure ETF were worth $1,049,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. CWM LLC bought a new position in shares of iShares Global Infrastructure ETF in the fourth quarter worth approximately $26,000. Ancora Advisors LLC lifted its holdings in shares of iShares Global Infrastructure ETF by 73.5% in the third quarter. Ancora Advisors LLC now owns 708 shares of the company’s stock worth $31,000 after buying an additional 300 shares in the last quarter. Valley National Advisers Inc. lifted its holdings in shares of iShares Global Infrastructure ETF by 376.5% in the fourth quarter. Valley National Advisers Inc. now owns 1,096 shares of the company’s stock worth $51,000 after buying an additional 866 shares in the last quarter. Alaska Wealth Advisors purchased a new position in shares of iShares Global Infrastructure ETF in the fourth quarter worth $76,000. Finally, Exchange Traded Concepts LLC purchased a new position in shares of iShares Global Infrastructure ETF in the fourth quarter worth $158,000.

iShares Global Infrastructure ETF Price Performance

Shares of IGF stock traded down $0.08 during mid-day trading on Wednesday, hitting $47.35. The company had a trading volume of 213,581 shares, compared to its average volume of 396,844. iShares Global Infrastructure ETF has a 52-week low of $40.38 and a 52-week high of $49.25. The stock’s 50 day moving average price is $46.36 and its 200-day moving average price is $45.56. The company has a market capitalization of $3.55 billion, a P/E ratio of 20.90 and a beta of 0.64.

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.