JPMorgan Chase & Co. Boosts Stake in iShares Global Infrastructure ETF $IGF

JPMorgan Chase & Co. increased its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 14.3% in the third quarter, HoldingsChannel reports. The firm owned 370,804 shares of the company’s stock after purchasing an additional 46,312 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Global Infrastructure ETF were worth $22,664,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position in iShares Global Infrastructure ETF by 17.9% during the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock valued at $69,000 after buying an additional 191 shares during the period. Atria Investments Inc increased its stake in shares of iShares Global Infrastructure ETF by 756.1% in the 2nd quarter. Atria Investments Inc now owns 49,240 shares of the company’s stock worth $2,915,000 after acquiring an additional 43,488 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in iShares Global Infrastructure ETF during the 2nd quarter valued at about $613,000. American Institute for Advanced Investment Management LLP bought a new stake in iShares Global Infrastructure ETF during the second quarter worth about $506,000. Finally, Advisors Preferred LLC bought a new stake in iShares Global Infrastructure ETF during the second quarter worth about $172,000.

iShares Global Infrastructure ETF Stock Performance

Shares of NASDAQ IGF opened at $69.37 on Monday. The company has a 50 day simple moving average of $64.31 and a two-hundred day simple moving average of $62.38. iShares Global Infrastructure ETF has a fifty-two week low of $49.74 and a fifty-two week high of $69.60. The company has a market capitalization of $10.16 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $0.9956 per share. The ex-dividend date of this dividend was Tuesday, December 16th.

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.