Raymond James Financial Inc. Buys 58,550 Shares of iShares Global Infrastructure ETF $IGF

Raymond James Financial Inc. raised its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 59.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 156,866 shares of the company’s stock after purchasing an additional 58,550 shares during the period. Raymond James Financial Inc. owned 0.14% of iShares Global Infrastructure ETF worth $8,576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Worth Financial Advisory Group LLC grew its stake in iShares Global Infrastructure ETF by 3.6% during the 1st quarter. Worth Financial Advisory Group LLC now owns 6,594 shares of the company’s stock worth $360,000 after buying an additional 229 shares during the last quarter. Allworth Financial LP lifted its stake in shares of iShares Global Infrastructure ETF by 57.3% in the 1st quarter. Allworth Financial LP now owns 686 shares of the company’s stock valued at $39,000 after purchasing an additional 250 shares during the period. Schechter Investment Advisors LLC raised its position in shares of iShares Global Infrastructure ETF by 0.6% in the first quarter. Schechter Investment Advisors LLC now owns 59,320 shares of the company’s stock worth $3,243,000 after acquiring an additional 363 shares during the period. Principal Securities Inc. boosted its position in iShares Global Infrastructure ETF by 0.3% during the first quarter. Principal Securities Inc. now owns 144,334 shares of the company’s stock worth $7,544,000 after purchasing an additional 469 shares in the last quarter. Finally, Moors & Cabot Inc. lifted its position in shares of iShares Global Infrastructure ETF by 9.4% during the 1st quarter. Moors & Cabot Inc. now owns 5,951 shares of the company’s stock valued at $325,000 after buying an additional 510 shares in the last quarter.

iShares Global Infrastructure ETF Stock Down 0.4%

Shares of NASDAQ IGF opened at $60.35 on Tuesday. iShares Global Infrastructure ETF has a 52-week low of $49.74 and a 52-week high of $61.73. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 20.10 and a beta of 0.80. The company’s 50-day simple moving average is $59.62 and its 200-day simple moving average is $57.13.

iShares Global Infrastructure ETF Increases Dividend

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