World Equity Group Inc. Makes New Investment in iShares Global Infrastructure ETF $IGF

World Equity Group Inc. bought a new stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 8,415 shares of the company’s stock, valued at approximately $514,000.

Other institutional investors and hedge funds have also modified their holdings of the company. HB Wealth Management LLC lifted its holdings in iShares Global Infrastructure ETF by 6.4% in the 3rd quarter. HB Wealth Management LLC now owns 10,916 shares of the company’s stock worth $667,000 after purchasing an additional 661 shares during the last quarter. CX Institutional raised its position in shares of iShares Global Infrastructure ETF by 6.0% in the third quarter. CX Institutional now owns 104,830 shares of the company’s stock valued at $6,407,000 after purchasing an additional 5,939 shares during the period. Park Avenue Securities LLC raised its position in shares of iShares Global Infrastructure ETF by 2.4% in the third quarter. Park Avenue Securities LLC now owns 12,790 shares of the company’s stock valued at $782,000 after purchasing an additional 305 shares during the period. Accordant Advisory Group Inc acquired a new stake in shares of iShares Global Infrastructure ETF in the third quarter worth $32,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of iShares Global Infrastructure ETF by 21.2% in the third quarter. Commonwealth Equity Services LLC now owns 83,161 shares of the company’s stock worth $5,083,000 after buying an additional 14,537 shares during the last quarter.

iShares Global Infrastructure ETF Trading Up 0.2%

NASDAQ:IGF opened at $61.80 on Friday. iShares Global Infrastructure ETF has a 1 year low of $49.74 and a 1 year high of $63.12. The firm’s fifty day simple moving average is $61.76 and its 200 day simple moving average is $60.83. The firm has a market capitalization of $9.00 billion, a PE ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Announces Dividend

The firm 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.