Penobscot Wealth Management Purchases 18,466 Shares of iShares Global Infrastructure ETF $IGF

Penobscot Wealth Management lifted its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 77.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,256 shares of the company’s stock after buying an additional 18,466 shares during the period. iShares Global Infrastructure ETF comprises 0.8% of Penobscot Wealth Management’s investment portfolio, making the stock its 23rd largest position. Penobscot Wealth Management’s holdings in iShares Global Infrastructure ETF were worth $2,831,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Northern Trust Corp grew its position in iShares Global Infrastructure ETF by 13.0% during the third quarter. Northern Trust Corp now owns 32,269,755 shares of the company’s stock valued at $1,972,327,000 after acquiring an additional 3,701,749 shares during the last quarter. Jane Street Group LLC bought a new position in shares of iShares Global Infrastructure ETF during the 4th quarter valued at $71,842,000. Northwestern Mutual Wealth Management Co. raised its position in iShares Global Infrastructure ETF by 1,527.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 913,157 shares of the company’s stock worth $56,031,000 after purchasing an additional 857,061 shares during the period. Pictet Asset Management Holding SA raised its position in iShares Global Infrastructure ETF by 70.7% in the 4th quarter. Pictet Asset Management Holding SA now owns 1,813,170 shares of the company’s stock worth $111,869,000 after purchasing an additional 751,250 shares during the period. Finally, Bank of America Corp DE lifted its stake in iShares Global Infrastructure ETF by 140.0% in the second quarter. Bank of America Corp DE now owns 918,485 shares of the company’s stock worth $54,374,000 after purchasing an additional 535,717 shares during the last quarter.

iShares Global Infrastructure ETF Stock Up 1.1%

NASDAQ IGF opened at $67.32 on Friday. The company has a 50-day simple moving average of $66.92 and a two-hundred day simple moving average of $65.69. iShares Global Infrastructure ETF has a 12-month low of $57.96 and a 12-month high of $69.60. The firm has a market cap of $10.48 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.9337 per share. The ex-dividend date was Monday, June 15th.

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.