Assetmark Inc. Reduces Position in iShares Global Infrastructure ETF $IGF

Assetmark Inc. cut its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 14.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,764 shares of the company’s stock after selling 7,582 shares during the quarter. Assetmark Inc.’s holdings in iShares Global Infrastructure ETF were worth $3,066,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of IGF. Northern Trust Corp raised its holdings in shares of iShares Global Infrastructure ETF by 13.0% during the third quarter. Northern Trust Corp now owns 32,269,755 shares of the company’s stock worth $1,972,327,000 after purchasing an additional 3,701,749 shares during the last quarter. Jane Street Group LLC purchased a new position in iShares Global Infrastructure ETF during the fourth quarter valued at $71,842,000. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Global Infrastructure ETF by 1,527.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 913,157 shares of the company’s stock worth $56,031,000 after buying an additional 857,061 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of iShares Global Infrastructure ETF by 70.7% in the fourth quarter. Pictet Asset Management Holding SA now owns 1,813,170 shares of the company’s stock worth $111,869,000 after acquiring an additional 751,250 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in 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 worth $54,374,000 after purchasing an additional 535,717 shares during the last quarter.

iShares Global Infrastructure ETF Trading Up 1.2%

Shares of NASDAQ IGF opened at $67.49 on Thursday. The company has a 50-day moving average of $66.74 and a 200 day moving average of $66.41. The stock has a market cap of $10.98 billion, a PE ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a 12-month low of $58.59 and a 12-month high of $69.60.

iShares Global Infrastructure ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.9337 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.