iShares Global Infrastructure ETF $IGF Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 9.9% during the 1st quarter, Holdings Channel reports. The fund owned 810,702 shares of the company’s stock after selling 89,380 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares Global Infrastructure ETF were worth $54,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlueChip Wealth Advisors LLC raised its holdings in shares of iShares Global Infrastructure ETF by 3.6% during the first quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock worth $285,000 after purchasing an additional 149 shares during the last quarter. National Bank of Canada FI boosted its holdings in iShares Global Infrastructure ETF by 12.3% in the third 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 last quarter. Worth Financial Advisory Group LLC grew its position in iShares Global Infrastructure ETF by 2.2% during the 4th quarter. Worth Financial Advisory Group LLC now owns 8,482 shares of the company’s stock worth $520,000 after purchasing an additional 185 shares during the period. Quadrant Private Wealth Management LLC grew its position in iShares Global Infrastructure ETF by 3.5% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 5,603 shares of the company’s stock worth $375,000 after purchasing an additional 191 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of iShares Global Infrastructure ETF by 17.9% during the 1st 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 last quarter.

iShares Global Infrastructure ETF Stock Performance

NASDAQ IGF opened at $67.28 on Friday. The firm has a market capitalization of $10.95 billion, a P/E ratio of 20.10 and a beta of 0.61. The stock has a 50-day simple moving average of $66.74 and a two-hundred day simple moving average of $66.45. iShares Global Infrastructure ETF has a fifty-two week low of $58.59 and a fifty-two week high of $69.60.

iShares Global Infrastructure ETF Announces Dividend

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 of this dividend was Monday, June 15th.

About iShares Global Infrastructure ETF

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.