iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 36.0% in July

iShares Global Infrastructure ETF (NASDAQ:IGFGet Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 589,473 shares, a decrease of 36.0% from the July 15th total of 920,340 shares. Based on an average daily trading volume, of 580,003 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the company’s stock are sold short.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ:IGF traded down $0.01 during midday trading on Wednesday, hitting $65.87. 228,795 shares of the company’s stock were exchanged, compared to its average volume of 877,594. iShares Global Infrastructure ETF has a 12 month low of $59.40 and a 12 month high of $69.60. The company has a market cap of $10.80 billion, a PE ratio of 20.10 and a beta of 0.61. The stock has a 50 day moving average price of $66.62 and a 200-day moving average price of $66.95.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.9337 dividend. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Northern Trust Corp increased its position in shares of iShares Global Infrastructure ETF by 7.6% during the 4th quarter. Northern Trust Corp now owns 34,714,254 shares of the company’s stock valued at $2,130,067,000 after purchasing an additional 2,444,499 shares during the last quarter. LPL Financial LLC grew its position in iShares Global Infrastructure ETF by 3.4% during the fourth quarter. LPL Financial LLC now owns 9,787,317 shares of the company’s stock valued at $600,550,000 after buying an additional 320,532 shares during the period. Pathstone Holdings LLC grew its position in iShares Global Infrastructure ETF by 2.6% during the third quarter. Pathstone Holdings LLC now owns 3,598,087 shares of the company’s stock valued at $219,915,000 after buying an additional 92,377 shares during the period. US Bancorp DE increased its holdings in iShares Global Infrastructure ETF by 23.2% during the fourth quarter. US Bancorp DE now owns 2,424,734 shares of the company’s stock worth $148,782,000 after buying an additional 456,436 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its position in shares of iShares Global Infrastructure ETF by 18.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,139,470 shares of the company’s stock valued at $142,318,000 after acquiring an additional 326,300 shares during the period.

iShares Global Infrastructure ETF Company Profile

(Get Free Report)

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.

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