Fmr LLC Purchases 1,968 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Fmr LLC boosted its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 16.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 13,815 shares of the company’s stock after purchasing an additional 1,968 shares during the period. Fmr LLC’s holdings in iShares Global Infrastructure ETF were worth $752,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Principal Financial Group Inc. increased its stake in shares of iShares Global Infrastructure ETF by 546.8% during the third quarter. Principal Financial Group Inc. now owns 2,183,166 shares of the company’s stock valued at $118,830,000 after buying an additional 1,845,625 shares during the period. US Bancorp DE boosted its position in iShares Global Infrastructure ETF by 89.2% in the 3rd quarter. US Bancorp DE now owns 1,696,610 shares of the company’s stock worth $92,346,000 after purchasing an additional 799,958 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares Global Infrastructure ETF by 211.9% in the second quarter. Bank of New York Mellon Corp now owns 432,560 shares of the company’s stock worth $20,728,000 after acquiring an additional 293,894 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the second quarter valued at approximately $6,015,000. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of iShares Global Infrastructure ETF by 933.5% during the second quarter. Mercer Global Advisors Inc. ADV now owns 82,994 shares of the company’s stock worth $3,977,000 after purchasing an additional 74,964 shares in the last quarter.

iShares Global Infrastructure ETF Stock Performance

Shares of IGF opened at $52.19 on Wednesday. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a one year low of $43.84 and a one year high of $55.79. The stock has a 50 day moving average price of $54.39 and a 200 day moving average price of $52.06.

iShares Global Infrastructure ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th will be given a $0.849 dividend. The ex-dividend date of this dividend is Tuesday, December 17th.

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.