IGF Stock Summary and Trading Ideas (iShares Global Infrastructure ETF | NASDAQ:IGF)

The iShares S&P Global Infrastructure Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Infrastructure Index.

iShares Global Infrastructure ETF trades on the NASDAQ stock market under the symbol IGF.

As of May 14, 2024, IGF stock price climbed to $50.24 with 172,910 million shares trading.

IGF has a beta of 0.74, meaning it tends to be less sensitive to market movements. IGF has a correlation of 0.36 to the broad based SPY ETF.

IGF has a market cap of $3.77 billion. This is considered a Mid Cap stock.

In the last 3 years, IGF stock traded as high as $52.15 and as low as $39.95.

IGF stock has underperformed the market in the last year with a return of +6.2%, while SPY returned +28.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IGF shares. However, IGF has outperformed the market in the last 3 month and 2 week periods, returning +13.9% and +4.8%, while SPY returned +6.2% and +2.6%, respectively. This indicates IGF has been having a stronger performance recently.

IGF support price is $49.59 and resistance is $50.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IGF stock will trade within this expected range on the day.