iShares Global Infrastructure ETF (NASDAQ:IGF) Reaches New 52-Week High at $50.75

iShares Global Infrastructure ETF (NASDAQ:IGF) reached a new 52-week high during trading on Wednesday . The stock traded as high as $50.75 and last traded at $50.75, with a volume of 18780 shares traded. The stock had previously closed at $50.66.

iShares Global Infrastructure ETF Trading Up 0.1 %

The business’s 50 day simple moving average is $49.15 and its 200 day simple moving average is $47.88. The company has a market cap of $3.74 billion, a P/E ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.8301 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Trading of iShares Global Infrastructure ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IGF. Bank of Montreal Can grew its stake in iShares Global Infrastructure ETF by 55.0% during the second quarter. Bank of Montreal Can now owns 102,370 shares of the company’s stock valued at $4,968,000 after acquiring an additional 36,333 shares in the last quarter. Brighton Jones LLC boosted its stake in iShares Global Infrastructure ETF by 1.7% during the second quarter. Brighton Jones LLC now owns 14,418 shares of the company’s stock valued at $691,000 after buying an additional 238 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in iShares Global Infrastructure ETF by 933.5% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 82,994 shares of the company’s stock valued at $3,977,000 after buying an additional 74,964 shares in the last quarter. Renaissance Technologies LLC increased its stake in iShares Global Infrastructure ETF by 47.5% in the 2nd quarter. Renaissance Technologies LLC now owns 55,000 shares of the company’s stock worth $2,636,000 after acquiring an additional 17,700 shares during the last quarter. Finally, Hoge Financial Services LLC raised its holdings in shares of iShares Global Infrastructure ETF by 3.9% during the 2nd quarter. Hoge Financial Services LLC now owns 66,562 shares of the company’s stock worth $3,190,000 after acquiring an additional 2,497 shares in the last quarter.

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.