iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 30.7% in March

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 811,200 shares, a decrease of 30.7% from the February 28th total of 1,170,000 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 843,400 shares, the short-interest ratio is presently 1.0 days.

iShares Global Infrastructure ETF Trading Up 0.1 %

Shares of IGF stock traded up $0.08 during trading hours on Friday, reaching $54.47. 310,608 shares of the company’s stock were exchanged, compared to its average volume of 769,592. The stock has a market cap of $5.32 billion, a PE ratio of 19.68 and a beta of 0.80. The stock’s fifty day moving average price is $53.79 and its two-hundred day moving average price is $53.83. iShares Global Infrastructure ETF has a 1 year low of $45.19 and a 1 year high of $55.79.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Signature Estate & Investment Advisors LLC grew its holdings in iShares Global Infrastructure ETF by 1.6% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 12,142 shares of the company’s stock worth $635,000 after acquiring an additional 194 shares during the period. Exchange Traded Concepts LLC lifted its holdings in iShares Global Infrastructure ETF by 30.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock valued at $57,000 after purchasing an additional 253 shares in the last quarter. OneDigital Investment Advisors LLC grew its position in shares of iShares Global Infrastructure ETF by 2.4% in the fourth quarter. OneDigital Investment Advisors LLC now owns 11,018 shares of the company’s stock valued at $576,000 after purchasing an additional 261 shares during the period. Atomi Financial Group Inc. increased its stake in shares of iShares Global Infrastructure ETF by 4.9% during the fourth quarter. Atomi Financial Group Inc. now owns 6,375 shares of the company’s stock worth $333,000 after purchasing an additional 300 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of iShares Global Infrastructure ETF by 2.4% during the 4th quarter. Corient Private Wealth LLC now owns 14,260 shares of the company’s stock worth $745,000 after purchasing an additional 330 shares during the last quarter.

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.