Grant GrossMendelsohn LLC Invests $582,000 in iShares Global Infrastructure ETF (NASDAQ:IGF)

Grant GrossMendelsohn LLC acquired a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) during the fourth quarter, Holdings Channel reports. The fund acquired 11,130 shares of the company’s stock, valued at approximately $582,000.

Several other hedge funds also recently added to or reduced their stakes in IGF. Northwest Investment Counselors LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at approximately $26,000. West Oak Capital LLC boosted its stake in iShares Global Infrastructure ETF by 2,500.0% in the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock valued at $34,000 after acquiring an additional 625 shares during the period. Quent Capital LLC grew its holdings in shares of 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 purchasing an additional 241 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of iShares Global Infrastructure ETF during the 3rd quarter worth approximately $45,000. Finally, First PREMIER Bank acquired a new position in iShares Global Infrastructure ETF during the 3rd quarter valued at approximately $76,000.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ IGF opened at $54.23 on Friday. The business’s fifty day moving average price is $53.57 and its two-hundred day moving average price is $52.64. The firm has a market capitalization of $5.17 billion, a PE ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 1-year low of $43.84 and a 1-year high of $55.79.

iShares Global Infrastructure ETF Announces Dividend

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