iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Strong Trading Volume – Time to Buy?

iShares Global Infrastructure ETF (NASDAQ:IGF) saw an uptick in trading volume on Tuesday . Approximately 1,796,711 shares changed hands during mid-day trading, an increase of 132% from the previous session’s volume of 773,539 shares.The stock last traded at $61.59 and had previously closed at $61.13.

iShares Global Infrastructure ETF Price Performance

The firm has a 50 day moving average of $61.77 and a two-hundred day moving average of $60.55. The stock has a market cap of $8.58 billion, a PE ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.9956 per share. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of iShares Global Infrastructure ETF

Several institutional investors and hedge funds have recently bought and sold shares of IGF. Aptus Capital Advisors LLC purchased a new position in iShares Global Infrastructure ETF during the 3rd quarter worth $25,000. Quent Capital LLC acquired a new position in iShares Global Infrastructure ETF in the 3rd quarter valued at about $27,000. Chilton Capital Management LLC acquired a new stake in iShares Global Infrastructure ETF during the 2nd quarter worth approximately $28,000. Accordant Advisory Group Inc purchased a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at approximately $32,000. Finally, Mather Group LLC. acquired a new position in shares of iShares Global Infrastructure ETF in the third quarter valued at approximately $42,000.

iShares Global Infrastructure ETF Company 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.