iShares Global Infrastructure ETF (NASDAQ:IGF) Hits New 1-Year High – What’s Next?

Shares of iShares Global Infrastructure ETF (NASDAQ:IGF) hit a new 52-week high during trading on Wednesday . The stock traded as high as $65.47 and last traded at $65.07, with a volume of 48666 shares changing hands. The stock had previously closed at $64.86.

iShares Global Infrastructure ETF Price Performance

The firm has a market capitalization of $9.63 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73. The firm has a 50 day moving average price of $62.37 and a 200-day moving average price of $61.46.

iShares Global Infrastructure ETF Announces Dividend

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

Institutional Investors Weigh In On iShares Global Infrastructure ETF

A number of large investors have recently modified their holdings of IGF. Northern Trust Corp boosted its holdings in iShares Global Infrastructure ETF by 13.0% in the third quarter. Northern Trust Corp now owns 32,269,755 shares of the company’s stock valued at $1,972,327,000 after purchasing an additional 3,701,749 shares in the last quarter. Assetmark Inc. lifted its position in shares of iShares Global Infrastructure ETF by 1,677,250.0% during the 2nd quarter. Assetmark Inc. now owns 1,408,974 shares of the company’s stock worth $83,411,000 after buying an additional 1,408,890 shares during the last quarter. Symphony Financial Ltd. Co. lifted its position in shares of iShares Global Infrastructure ETF by 6,931.3% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 959,345 shares of the company’s stock worth $56,772,000 after buying an additional 945,701 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 valued at $56,031,000 after buying an additional 857,061 shares in the last quarter. Finally, Pictet Asset Management Holding SA grew its position in shares of 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 valued at $111,869,000 after buying an additional 751,250 shares during the last quarter.

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.