Park Avenue Securities LLC Reduces Stake in iShares Global Infrastructure ETF (NASDAQ:IGF)

Park Avenue Securities LLC trimmed its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 17.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,420 shares of the company’s stock after selling 1,379 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Global Infrastructure ETF were worth $306,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IGF. Montecito Bank & Trust raised its position in shares of iShares Global Infrastructure ETF by 4.8% during the 1st quarter. Montecito Bank & Trust now owns 11,191 shares of the company’s stock worth $533,000 after purchasing an additional 514 shares during the last quarter. Mather Group LLC. acquired a new position in shares of iShares Global Infrastructure ETF in the first quarter worth $32,000. VERITY Wealth Advisors acquired a new position in shares of iShares Global Infrastructure ETF in the first quarter worth $432,000. Northwest Bank & Trust Co purchased a new stake in shares of iShares Global Infrastructure ETF in the fourth quarter valued at $123,000. Finally, Nepc LLC acquired a new stake in shares of iShares Global Infrastructure ETF during the fourth quarter valued at $17,023,000.

iShares Global Infrastructure ETF Trading Down 0.4 %

Shares of IGF stock opened at $47.92 on Monday. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. The firm has a 50-day moving average price of $48.99 and a 200 day moving average price of $47.23. iShares Global Infrastructure ETF has a twelve month low of $40.38 and a twelve month high of $50.75.

iShares Global Infrastructure ETF Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a $0.8301 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

iShares Global Infrastructure ETF Company 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.