131,165 Shares in iShares Global Infrastructure ETF (NASDAQ:IGF) Bought by Strategic Investment Management LLC

Strategic Investment Management LLC bought a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 131,165 shares of the company’s stock, valued at approximately $6,856,000. iShares Global Infrastructure ETF makes up 2.4% of Strategic Investment Management LLC’s investment portfolio, making the stock its 11th largest holding. Strategic Investment Management LLC owned about 0.14% of iShares Global Infrastructure ETF at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Verdence Capital Advisors LLC lifted its stake in shares of iShares Global Infrastructure ETF by 4.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 5,097 shares of the company’s stock valued at $277,000 after buying an additional 237 shares in the last quarter. Quent Capital LLC raised its holdings in iShares Global Infrastructure ETF by 60.7% during 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. Moors & Cabot Inc. raised its holdings in iShares Global Infrastructure ETF by 5.5% during the third quarter. Moors & Cabot Inc. now owns 4,818 shares of the company’s stock valued at $262,000 after acquiring an additional 250 shares during the period. Exchange Traded Concepts LLC lifted its position in shares of iShares Global Infrastructure ETF by 30.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock valued at $57,000 after acquiring an additional 253 shares in the last quarter. Finally, Greenleaf Trust boosted its stake in shares of iShares Global Infrastructure ETF by 2.9% in the third quarter. Greenleaf Trust now owns 9,744 shares of the company’s stock worth $530,000 after acquiring an additional 272 shares during the period.

iShares Global Infrastructure ETF Stock Performance

IGF opened at $54.51 on Friday. The stock has a market capitalization of $5.20 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. The company has a fifty day moving average of $53.64 and a 200 day moving average of $52.84. iShares Global Infrastructure ETF has a fifty-two week low of $43.84 and a fifty-two week high of $55.79.

iShares Global Infrastructure ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.849 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Global Infrastructure ETF 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.