MONECO Advisors LLC Sells 2,185 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

MONECO Advisors LLC cut its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 19.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,827 shares of the company’s stock after selling 2,185 shares during the period. MONECO Advisors LLC’s holdings in iShares Global Infrastructure ETF were worth $415,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Connable Office Inc. purchased a new position in shares of iShares Global Infrastructure ETF during the 4th quarter valued at approximately $17,177,000. Nepc LLC purchased a new stake in iShares Global Infrastructure ETF during the fourth quarter worth about $17,023,000. Ballentine Partners LLC increased its stake in iShares Global Infrastructure ETF by 3,613.2% during the fourth quarter. Ballentine Partners LLC now owns 300,507 shares of the company’s stock worth $14,139,000 after purchasing an additional 292,414 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of iShares Global Infrastructure ETF by 14.6% during the third quarter. The Manufacturers Life Insurance Company now owns 1,777,343 shares of the company’s stock worth $76,945,000 after buying an additional 227,048 shares during the period. Finally, Waldron Private Wealth LLC increased its stake in shares of iShares Global Infrastructure ETF by 21.7% during the fourth quarter. Waldron Private Wealth LLC now owns 864,163 shares of the company’s stock worth $40,658,000 after buying an additional 153,856 shares during the period.

iShares Global Infrastructure ETF Stock Down 0.4 %

iShares Global Infrastructure ETF stock traded down $0.21 during mid-day trading on Monday, hitting $47.77. The company had a trading volume of 129,771 shares, compared to its average volume of 381,112. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 1 year low of $40.38 and a 1 year high of $50.75. The business has a fifty day moving average of $48.66 and a 200 day moving average of $47.11.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently declared a Semi-Annual dividend, which will be paid on Monday, June 17th. Investors of record on Tuesday, June 11th will be issued a dividend of $0.8301 per share. The ex-dividend date is Tuesday, June 11th.

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.