iShares Global Infrastructure ETF (NASDAQ:IGF) Hits New 52-Week High at $52.34

Shares of iShares Global Infrastructure ETF (NASDAQ:IGF) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $52.34 and last traded at $52.23, with a volume of 11299 shares. The stock had previously closed at $52.16.

iShares Global Infrastructure ETF Stock Up 0.3 %

The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. The stock’s 50-day moving average price is $49.92 and its 200-day moving average price is $48.45.

iShares Global Infrastructure ETF Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a dividend of $0.8301 per share. The ex-dividend date was Tuesday, June 11th.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC increased its stake in shares of iShares Global Infrastructure ETF by 1.7% in the 2nd quarter. Brighton Jones LLC now owns 14,418 shares of the company’s stock valued at $691,000 after acquiring an additional 238 shares during the last quarter. Capital Insight Partners LLC lifted its holdings in iShares Global Infrastructure ETF by 0.4% during the second quarter. Capital Insight Partners LLC now owns 76,724 shares of the company’s stock worth $3,677,000 after acquiring an additional 282 shares in the last quarter. Forte Asset Management LLC grew its stake in iShares Global Infrastructure ETF by 1.2% in the first quarter. Forte Asset Management LLC now owns 23,963 shares of the company’s stock valued at $1,141,000 after acquiring an additional 293 shares during the period. Beam Wealth Advisors Inc. increased its holdings in shares of iShares Global Infrastructure ETF by 1.0% in the first quarter. Beam Wealth Advisors Inc. now owns 33,129 shares of the company’s stock worth $1,578,000 after acquiring an additional 314 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its position in shares of iShares Global Infrastructure ETF by 6.4% during the fourth quarter. Avantax Advisory Services Inc. now owns 5,678 shares of the company’s stock worth $267,000 after purchasing an additional 343 shares during the period.

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.