Country Trust Bank Reduces Stock Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Country Trust Bank lessened its holdings in iShares Global Infrastructure ETF (NASDAQ:IGF) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 345,826 shares of the company’s stock after selling 2,334 shares during the period. Country Trust Bank’s holdings in iShares Global Infrastructure ETF were worth $18,076,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sage Financial Group Inc. increased its position in shares of iShares Global Infrastructure ETF by 48.9% during the fourth quarter. Sage Financial Group Inc. now owns 122,611 shares of the company’s stock worth $6,409,000 after acquiring an additional 40,266 shares during the period. Money Design Co. Ltd. grew its stake in iShares Global Infrastructure ETF by 8.2% in the fourth quarter. Money Design Co. Ltd. now owns 538,250 shares of the company’s stock worth $28,167,000 after purchasing an additional 40,620 shares in the last quarter. Strategic Investment Management LLC purchased a new position in iShares Global Infrastructure ETF during the 4th quarter worth $6,856,000. Fifth Third Bancorp raised its position in iShares Global Infrastructure ETF by 10.2% during the 4th quarter. Fifth Third Bancorp now owns 1,354,116 shares of the company’s stock valued at $70,780,000 after purchasing an additional 125,320 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of iShares Global Infrastructure ETF by 30.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock worth $57,000 after buying an additional 253 shares during the period.

iShares Global Infrastructure ETF Trading Up 1.3 %

Shares of iShares Global Infrastructure ETF stock opened at $53.98 on Friday. The stock’s fifty day moving average price is $53.53 and its 200-day moving average price is $52.95. The firm has a market cap of $5.20 billion, a P/E ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 12 month low of $43.84 and a 12 month high of $55.79.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.849 per share. 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.