Principal Financial Group Inc. Has $118.83 Million Stake in iShares Global Infrastructure ETF (NASDAQ:IGF)

Principal Financial Group Inc. increased its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 546.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,183,166 shares of the company’s stock after acquiring an additional 1,845,625 shares during the quarter. Principal Financial Group Inc. owned about 2.71% of iShares Global Infrastructure ETF worth $118,830,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IGF. Verdence Capital Advisors LLC boosted its position in iShares Global Infrastructure ETF by 4.9% during the third quarter. Verdence Capital Advisors LLC now owns 5,097 shares of the company’s stock worth $277,000 after purchasing an additional 237 shares during the period. Brighton Jones LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 1.7% during the 2nd quarter. Brighton Jones LLC now owns 14,418 shares of the company’s stock worth $691,000 after buying an additional 238 shares during the period. Quent Capital LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 60.7% during the 3rd quarter. Quent Capital LLC now owns 638 shares of the company’s stock worth $35,000 after buying an additional 241 shares during the period. Moors & Cabot Inc. grew its stake in iShares Global Infrastructure ETF by 5.5% in the 3rd quarter. Moors & Cabot Inc. now owns 4,818 shares of the company’s stock valued at $262,000 after buying an additional 250 shares during the last quarter. Finally, Greenleaf Trust raised its holdings in iShares Global Infrastructure ETF by 2.9% in the 3rd quarter. Greenleaf Trust now owns 9,744 shares of the company’s stock valued at $530,000 after acquiring an additional 272 shares during the period.

iShares Global Infrastructure ETF Stock Up 1.3 %

Shares of IGF stock opened at $51.88 on Friday. iShares Global Infrastructure ETF has a 12-month low of $43.84 and a 12-month high of $55.79. The firm has a 50 day moving average price of $54.24 and a two-hundred day moving average price of $52.05. The company has a market capitalization of $4.18 billion, a PE ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.849 dividend. The ex-dividend date was Tuesday, December 17th.

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.