iShares Global Infrastructure ETF (NASDAQ:IGF) Reaches New 52-Week High – What’s Next?

iShares Global Infrastructure ETF (NASDAQ:IGF)’s share price reached a new 52-week high on Monday . The company traded as high as $63.73 and last traded at $63.66, with a volume of 105444 shares. The stock had previously closed at $63.04.

iShares Global Infrastructure ETF Price Performance

The company has a market capitalization of $9.29 billion, a P/E ratio of 20.10 and a beta of 0.73. The company has a 50 day moving average of $61.85 and a 200-day moving average of $61.09.

iShares Global Infrastructure ETF Dividend Announcement

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

Institutional Trading of iShares Global Infrastructure ETF

Several large investors have recently added to or reduced their stakes in the stock. National Bank of Canada FI increased its position in iShares Global Infrastructure ETF by 12.3% during the 3rd quarter. National Bank of Canada FI now owns 1,629 shares of the company’s stock valued at $100,000 after purchasing an additional 179 shares during the period. Verus Capital Partners LLC boosted its stake in shares of iShares Global Infrastructure ETF by 4.7% during the 3rd quarter. Verus Capital Partners LLC now owns 4,052 shares of the company’s stock valued at $248,000 after purchasing an additional 181 shares in the last quarter. Worth Financial Advisory Group LLC increased its position in shares of iShares Global Infrastructure ETF by 2.2% during the fourth quarter. Worth Financial Advisory Group LLC now owns 8,482 shares of the company’s stock valued at $520,000 after buying an additional 185 shares during the period. NewEdge Advisors LLC increased its position in shares of iShares Global Infrastructure ETF by 17.9% during the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock valued at $69,000 after buying an additional 191 shares during the period. Finally, BlueChip Wealth Advisors LLC raised its stake in iShares Global Infrastructure ETF by 5.7% in the third quarter. BlueChip Wealth Advisors LLC now owns 4,037 shares of the company’s stock worth $247,000 after buying an additional 216 shares in the last quarter.

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.