Kingsview Wealth Management LLC Buys New Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Kingsview Wealth Management LLC acquired a new stake in iShares Global Infrastructure ETF (NASDAQ:IGF) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 65,451 shares of the company’s stock, valued at approximately $3,421,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. grew its stake in shares of iShares Global Infrastructure ETF by 546.8% in the third quarter. Principal Financial Group Inc. now owns 2,183,166 shares of the company’s stock worth $118,830,000 after purchasing an additional 1,845,625 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of iShares Global Infrastructure ETF by 2.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,875,964 shares of the company’s stock worth $102,109,000 after buying an additional 40,418 shares during the last quarter. US Bancorp DE increased its stake in shares of iShares Global Infrastructure ETF by 89.2% during the third quarter. US Bancorp DE now owns 1,696,610 shares of the company’s stock valued at $92,346,000 after buying an additional 799,958 shares during the period. Fifth Third Bancorp increased its stake in shares of iShares Global Infrastructure ETF by 10.2% during the fourth quarter. Fifth Third Bancorp now owns 1,354,116 shares of the company’s stock valued at $70,780,000 after buying an additional 125,320 shares during the period. Finally, Waldron Private Wealth LLC raised its holdings in shares of iShares Global Infrastructure ETF by 68.2% during the fourth quarter. Waldron Private Wealth LLC now owns 925,897 shares of the company’s stock valued at $48,397,000 after acquiring an additional 375,573 shares in the last quarter.

iShares Global Infrastructure ETF Stock Down 0.5 %

NASDAQ:IGF opened at $53.37 on Monday. The firm’s fifty day simple moving average is $53.29 and its 200 day simple moving average is $53.16. The stock has a market cap of $5.21 billion, a P/E ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a twelve month low of $43.84 and a twelve month high of $55.79.

iShares Global Infrastructure ETF Announces Dividend

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