FSM Wealth Advisors LLC Has $8.27 Million Stock Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

FSM Wealth Advisors LLC increased its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 7.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,549 shares of the company’s stock after purchasing an additional 11,085 shares during the quarter. iShares Global Infrastructure ETF makes up about 2.0% of FSM Wealth Advisors LLC’s portfolio, making the stock its 16th largest holding. FSM Wealth Advisors LLC’s holdings in iShares Global Infrastructure ETF were worth $8,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its position in iShares Global Infrastructure ETF by 546.8% in the 3rd quarter. Principal Financial Group Inc. now owns 2,183,166 shares of the company’s stock valued at $118,830,000 after acquiring an additional 1,845,625 shares during the period. The Manufacturers Life Insurance Company increased its position in iShares Global Infrastructure ETF by 2.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,875,964 shares of the company’s stock valued at $102,109,000 after acquiring an additional 40,418 shares during the period. US Bancorp DE increased 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 valued at $92,346,000 after acquiring an additional 799,958 shares during the period. Fifth Third Bancorp increased its position in iShares Global Infrastructure ETF by 10.2% in the 4th quarter. Fifth Third Bancorp now owns 1,354,116 shares of the company’s stock valued at $70,780,000 after acquiring an additional 125,320 shares during the period. Finally, Waldron Private Wealth LLC increased its position in iShares Global Infrastructure ETF by 68.2% in the 4th quarter. Waldron Private Wealth LLC now owns 925,897 shares of the company’s stock valued at $48,397,000 after acquiring an additional 375,573 shares during the period.

iShares Global Infrastructure ETF Stock Down 1.5 %

IGF opened at $53.19 on Monday. iShares Global Infrastructure ETF has a twelve month low of $43.84 and a twelve month high of $55.79. The company has a fifty day moving average of $53.49 and a 200-day moving average of $53.02. The stock has a market cap of $5.16 billion, a PE ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.849 per share. The ex-dividend date of this dividend was 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.