MAI Capital Management Purchases 25,110 Shares of iShares Global Infrastructure ETF $IGF

MAI Capital Management increased its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 4.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 587,257 shares of the company’s stock after buying an additional 25,110 shares during the quarter. MAI Capital Management owned 0.42% of iShares Global Infrastructure ETF worth $35,893,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IGF. Verus Capital Partners LLC raised its position in shares of iShares Global Infrastructure ETF by 4.7% during the third quarter. Verus Capital Partners LLC now owns 4,052 shares of the company’s stock worth $248,000 after purchasing an additional 181 shares during the period. NewEdge Advisors LLC increased its stake in iShares Global Infrastructure ETF by 17.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after purchasing an additional 191 shares in the last quarter. BlueChip Wealth Advisors LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 5.7% in the third quarter. BlueChip Wealth Advisors LLC now owns 4,037 shares of the company’s stock valued at $247,000 after buying an additional 216 shares during the period. Stratos Wealth Partners LTD. increased its holdings in iShares Global Infrastructure ETF by 7.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 4,005 shares of the company’s stock worth $245,000 after purchasing an additional 262 shares in the last quarter. Finally, Park Avenue Securities LLC raised its holdings 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 last quarter.

iShares Global Infrastructure ETF Trading Up 0.3%

Shares of IGF opened at $68.88 on Wednesday. The stock has a market capitalization of $10.09 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73. iShares Global Infrastructure ETF has a 12 month low of $49.74 and a 12 month high of $69.17. The firm has a fifty day simple moving average of $63.80 and a 200 day simple moving average of $62.19.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.9956 dividend. The ex-dividend date was Tuesday, December 16th.

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.