Ballentine Partners LLC Buys 80,006 Shares of iShares Global Infrastructure ETF $IGF

Ballentine Partners LLC increased its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,379,161 shares of the company’s stock after purchasing an additional 80,006 shares during the period. iShares Global Infrastructure ETF accounts for approximately 2.0% of Ballentine Partners LLC’s investment portfolio, making the stock its 9th biggest position. Ballentine Partners LLC owned approximately 1.71% of iShares Global Infrastructure ETF worth $145,414,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Quent Capital LLC acquired a new position in shares of iShares Global Infrastructure ETF during the third quarter valued at approximately $27,000. Chilton Capital Management LLC acquired a new stake in shares of iShares Global Infrastructure ETF in the second quarter worth approximately $28,000. Accordant Advisory Group Inc purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth approximately $32,000. Mather Group LLC. acquired a new position in iShares Global Infrastructure ETF in the 3rd quarter valued at $42,000. Finally, ORG Partners LLC acquired a new position in iShares Global Infrastructure ETF in the 2nd quarter valued at $47,000.

iShares Global Infrastructure ETF Stock Up 1.6%

Shares of IGF opened at $64.43 on Wednesday. iShares Global Infrastructure ETF has a 52-week low of $49.74 and a 52-week high of $64.49. The firm’s fifty day moving average is $61.94 and its two-hundred day moving average is $61.16. The stock has a market cap of $9.44 billion, a PE ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $0.9956 per share. The ex-dividend date was Tuesday, December 16th.

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.