Maryland State Retirement & Pension System Trims Stake in iShares Global Infrastructure ETF $IGF

Maryland State Retirement & Pension System lessened its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 60.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,710 shares of the company’s stock after selling 52,196 shares during the quarter. Maryland State Retirement & Pension System’s holdings in iShares Global Infrastructure ETF were worth $2,121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of IGF. Ballentine Partners LLC lifted its position in iShares Global Infrastructure ETF by 695.2% during the second quarter. Ballentine Partners LLC now owns 2,299,155 shares of the company’s stock valued at $136,110,000 after purchasing an additional 2,010,033 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares Global Infrastructure ETF by 1,677,250.0% in the second quarter. Assetmark Inc. now owns 1,408,974 shares of the company’s stock worth $83,411,000 after buying an additional 1,408,890 shares during the period. Symphony Financial Ltd. Co. lifted its position in shares of iShares Global Infrastructure ETF by 6,931.3% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 959,345 shares of the company’s stock valued at $56,772,000 after buying an additional 945,701 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares Global Infrastructure ETF by 140.0% during the 2nd quarter. Bank of America Corp DE now owns 918,485 shares of the company’s stock valued at $54,374,000 after buying an additional 535,717 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of iShares Global Infrastructure ETF by 35.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,585,267 shares of the company’s stock valued at $93,848,000 after acquiring an additional 411,623 shares during the period.

iShares Global Infrastructure ETF Trading Up 0.6%

iShares Global Infrastructure ETF stock opened at $62.24 on Tuesday. iShares Global Infrastructure ETF has a 12-month low of $49.74 and a 12-month high of $63.12. The firm has a market capitalization of $9.05 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73. The firm has a 50 day moving average of $61.82 and a 200 day moving average of $60.98.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.9956 per share. 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.