iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Large Volume Increase – Here’s What Happened

Shares of iShares Global Infrastructure ETF (NASDAQ:IGF) saw strong trading volume on Tuesday . 337,950 shares changed hands during trading, a decline of 28% from the previous session’s volume of 467,696 shares.The stock last traded at $54.58 and had previously closed at $54.23.

iShares Global Infrastructure ETF Stock Up 1.3 %

The stock has a market capitalization of $5.24 billion, a P/E ratio of 22.20 and a beta of 0.80. The business’s 50 day simple moving average is $53.56 and its two-hundred day simple moving average is $52.74.

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 issued a dividend of $0.849 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

Several large investors have recently made changes to their positions in the business. Northwest Investment Counselors LLC bought a new stake in iShares Global Infrastructure ETF during the 3rd quarter worth approximately $26,000. West Oak Capital LLC grew its holdings in shares of iShares Global Infrastructure ETF by 2,500.0% in the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock worth $34,000 after purchasing an additional 625 shares during the last quarter. Quent Capital LLC increased its position in shares of iShares Global Infrastructure ETF by 60.7% in the third quarter. Quent Capital LLC now owns 638 shares of the company’s stock valued at $35,000 after acquiring an additional 241 shares during the period. Exchange Traded Concepts LLC bought a new position in iShares Global Infrastructure ETF during the 3rd quarter valued at approximately $45,000. Finally, First PREMIER Bank purchased a new stake in iShares Global Infrastructure ETF in the 3rd quarter worth approximately $76,000.

iShares Global Infrastructure ETF Company 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.