Assetmark Inc. Sells 65,693 Shares of iShares Global Infrastructure ETF $IGF

Assetmark Inc. reduced its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 4.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,343,281 shares of the company’s stock after selling 65,693 shares during the quarter. Assetmark Inc. owned approximately 0.97% of iShares Global Infrastructure ETF worth $82,101,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Symphony Financial Ltd. Co. increased its stake in iShares Global Infrastructure ETF by 6,931.3% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 959,345 shares of the company’s stock worth $56,772,000 after buying an additional 945,701 shares in the last quarter. Bank of America Corp DE raised 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. The Manufacturers Life Insurance Company boosted its holdings in shares of iShares Global Infrastructure ETF by 35.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,585,267 shares of the company’s stock worth $93,848,000 after purchasing an additional 411,623 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Global Infrastructure ETF by 58.6% during the second quarter. Envestnet Asset Management Inc. now owns 881,204 shares of the company’s stock valued at $52,162,000 after acquiring an additional 325,466 shares during the last quarter. Finally, Chicago Wealth Management Inc. purchased a new stake in iShares Global Infrastructure ETF in the 2nd quarter worth about $10,645,000.

iShares Global Infrastructure ETF Stock Down 0.1%

iShares Global Infrastructure ETF stock opened at $67.39 on Friday. The stock has a 50-day moving average price of $62.73 and a 200 day moving average price of $61.67. The company has a market capitalization of $9.87 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73. iShares Global Infrastructure ETF has a 52 week low of $49.74 and a 52 week high of $67.96.

iShares Global Infrastructure ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $0.9956 dividend. 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.