Axxcess Wealth Management LLC Takes Position in iShares Global Infrastructure ETF $IGF

Axxcess Wealth Management LLC purchased a new position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 8,227 shares of the company’s stock, valued at approximately $503,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in iShares Global Infrastructure ETF by 17.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after purchasing an additional 191 shares during the last quarter. Freedom Investment Management Inc. lifted its stake in shares of iShares Global Infrastructure ETF by 3.7% in the second quarter. Freedom Investment Management Inc. now owns 8,505 shares of the company’s stock worth $503,000 after buying an additional 302 shares in the last quarter. Brighton Jones LLC lifted its stake in shares of iShares Global Infrastructure ETF by 3.7% in the second quarter. Brighton Jones LLC now owns 9,941 shares of the company’s stock worth $588,000 after buying an additional 359 shares in the last quarter. VestGen Investment Management acquired a new position in iShares Global Infrastructure ETF during the second quarter worth about $503,000. Finally, Chilton Capital Management LLC purchased a new stake in iShares Global Infrastructure ETF during the 2nd quarter valued at about $28,000.

iShares Global Infrastructure ETF Trading Up 0.9%

IGF stock opened at $68.56 on Friday. The firm has a 50-day moving average of $63.51 and a two-hundred day moving average of $62.06. iShares Global Infrastructure ETF has a 12 month low of $49.74 and a 12 month high of $68.76. The company has a market cap of $10.04 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently disclosed 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.

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.