Newport Capital Group LLC Boosts Stock Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Newport Capital Group LLC raised its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 10.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 9,334 shares of the company’s stock after acquiring an additional 920 shares during the quarter. Newport Capital Group LLC’s holdings in iShares Global Infrastructure ETF were worth $488,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IGF. Exchange Traded Concepts LLC purchased a new position in iShares Global Infrastructure ETF in the third quarter valued at $45,000. Northwest Investment Counselors LLC acquired a new position in iShares Global Infrastructure ETF in the third quarter valued at $26,000. Greenleaf Trust raised its stake in iShares Global Infrastructure ETF by 2.9% during the 3rd quarter. Greenleaf Trust now owns 9,744 shares of the company’s stock valued at $530,000 after acquiring an additional 272 shares during the last quarter. Heartland Bank & Trust Co lifted its holdings in shares of iShares Global Infrastructure ETF by 0.3% during the third quarter. Heartland Bank & Trust Co now owns 290,292 shares of the company’s stock worth $15,801,000 after purchasing an additional 858 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the third quarter valued at about $2,438,000.

iShares Global Infrastructure ETF Stock Performance

iShares Global Infrastructure ETF stock opened at $54.38 on Friday. iShares Global Infrastructure ETF has a one year low of $44.01 and a one year high of $55.79. The business has a fifty day moving average of $53.23 and a two-hundred day moving average of $53.23. The company has a market cap of $5.31 billion, a P/E ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.849 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Global Infrastructure ETF 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.