Envestnet Asset Management Inc. Sells 35,028 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Envestnet Asset Management Inc. cut its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 5.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 555,738 shares of the company’s stock after selling 35,028 shares during the period. Envestnet Asset Management Inc. owned 0.49% of iShares Global Infrastructure ETF worth $30,382,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Northern Trust Corp lifted its position in iShares Global Infrastructure ETF by 8.6% during the 4th quarter. Northern Trust Corp now owns 23,520,055 shares of the company’s stock valued at $1,229,393,000 after acquiring an additional 1,871,592 shares during the period. Pathstone Holdings LLC increased its stake in shares of iShares Global Infrastructure ETF by 132.0% during the fourth quarter. Pathstone Holdings LLC now owns 407,595 shares of the company’s stock valued at $21,305,000 after purchasing an additional 231,872 shares in the last quarter. CX Institutional increased its stake in shares of iShares Global Infrastructure ETF by 255.7% during the first quarter. CX Institutional now owns 256,191 shares of the company’s stock valued at $14,006,000 after purchasing an additional 184,175 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Global Infrastructure ETF by 81.6% during the fourth quarter. Ameriprise Financial Inc. now owns 299,310 shares of the company’s stock valued at $15,646,000 after purchasing an additional 134,508 shares during the last quarter. Finally, Nepc LLC boosted its position in shares of iShares Global Infrastructure ETF by 18.0% in the 4th quarter. Nepc LLC now owns 691,199 shares of the company’s stock worth $36,129,000 after purchasing an additional 105,313 shares in the last quarter.

iShares Global Infrastructure ETF Stock Up 0.5%

iShares Global Infrastructure ETF stock opened at $59.01 on Tuesday. iShares Global Infrastructure ETF has a twelve month low of $48.55 and a twelve month high of $59.83. The company has a market capitalization of $7.53 billion, a P/E ratio of 20.10 and a beta of 0.80. The stock’s 50 day moving average is $58.52 and its 200 day moving average is $55.48.

iShares Global Infrastructure ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were paid a $0.9834 dividend. The ex-dividend date of this dividend was Monday, June 16th. This is an increase from iShares Global Infrastructure ETF’s previous dividend of $0.85.

iShares Global Infrastructure ETF 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.