Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares Global Infrastructure ETF (NASDAQ:IGF – Free Report) by 165.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,510 shares of the company’s stock after purchasing an additional 75,090 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.16% of iShares Global Infrastructure ETF worth $5,739,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of the business. Beam Wealth Advisors Inc. lifted its stake in shares of iShares Global Infrastructure ETF by 1.0% during the 1st quarter. Beam Wealth Advisors Inc. now owns 33,129 shares of the company’s stock valued at $1,578,000 after buying an additional 314 shares in the last quarter. Brighton Jones LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 2.3% during the 4th quarter. Brighton Jones LLC now owns 14,152 shares of the company’s stock valued at $666,000 after purchasing an additional 318 shares during the last quarter. Avantax Advisory Services Inc. boosted its holdings in shares of iShares Global Infrastructure ETF by 6.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 5,678 shares of the company’s stock valued at $267,000 after purchasing an additional 343 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 9.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 5,514 shares of the company’s stock valued at $259,000 after purchasing an additional 455 shares during the last quarter. Finally, Montecito Bank & Trust boosted its holdings 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 valued at $533,000 after purchasing an additional 514 shares during the last quarter.
iShares Global Infrastructure ETF Stock Up 1.0 %
IGF opened at $49.29 on Thursday. The firm has a 50-day simple moving average of $49.18 and a two-hundred day simple moving average of $47.31. iShares Global Infrastructure ETF has a 52 week low of $40.38 and a 52 week high of $50.75. The company has a market capitalization of $3.63 billion, a PE ratio of 22.20 and a beta of 0.80.
iShares Global Infrastructure ETF Announces Dividend
The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Investors 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 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.
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