Financial Advocates Investment Management Has $289,000 Stock Holdings in iShares Global Infrastructure ETF $IGF

Financial Advocates Investment Management decreased its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 95.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,132 shares of the company’s stock after selling 109,267 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares Global Infrastructure ETF were worth $289,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Balefire LLC lifted its holdings in iShares Global Infrastructure ETF by 131.5% during the 3rd quarter. Balefire LLC now owns 26,297 shares of the company’s stock worth $1,607,000 after purchasing an additional 14,936 shares during the last quarter. Evergreen Capital Management LLC increased its position in iShares Global Infrastructure ETF by 676.8% during the 3rd quarter. Evergreen Capital Management LLC now owns 37,510 shares of the company’s stock worth $2,293,000 after buying an additional 32,681 shares during the period. Barings LLC acquired a new stake in shares of iShares Global Infrastructure ETF during the second quarter worth $1,914,000. Forefront Wealth Partners LLC acquired a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth $4,302,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of iShares Global Infrastructure ETF by 21.2% in the third quarter. Commonwealth Equity Services LLC now owns 83,161 shares of the company’s stock valued at $5,083,000 after acquiring an additional 14,537 shares during the period.

iShares Global Infrastructure ETF Stock Performance

NASDAQ:IGF opened at $67.39 on Friday. iShares Global Infrastructure ETF has a 52 week low of $49.74 and a 52 week high of $67.96. The firm’s 50-day simple moving average is $62.73 and its 200 day simple moving average is $61.67. The firm has a market cap of $9.87 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Announces Dividend

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

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.