Newport Capital Group LLC Increases Stake in iShares Global Infrastructure ETF (NASDAQ:IGF)

Newport Capital Group LLC grew its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,334 shares of the company’s stock after buying an additional 920 shares during the quarter. Newport Capital Group LLC’s holdings in iShares Global Infrastructure ETF were worth $488,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Verdence Capital Advisors LLC boosted its position in iShares Global Infrastructure ETF by 4.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 5,097 shares of the company’s stock valued at $277,000 after acquiring an additional 237 shares in the last quarter. Moors & Cabot Inc. grew its position in shares of iShares Global Infrastructure ETF by 5.5% in the 3rd quarter. Moors & Cabot Inc. now owns 4,818 shares of the company’s stock worth $262,000 after buying an additional 250 shares during the last quarter. Exchange Traded Concepts LLC raised its stake in shares of iShares Global Infrastructure ETF by 30.5% during the 4th quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock worth $57,000 after acquiring an additional 253 shares in the last quarter. Greenleaf Trust grew its holdings in iShares Global Infrastructure ETF by 2.9% in the third quarter. Greenleaf Trust now owns 9,744 shares of the company’s stock worth $530,000 after purchasing an additional 272 shares during the last quarter. Finally, Atria Investments Inc increased its position in shares of iShares Global Infrastructure ETF by 5.9% during the third quarter. Atria Investments Inc now owns 4,887 shares of the company’s stock worth $266,000 after purchasing an additional 274 shares in the last quarter.

iShares Global Infrastructure ETF Price Performance

iShares Global Infrastructure ETF stock opened at $54.38 on Friday. iShares Global Infrastructure ETF has a 1-year low of $44.01 and a 1-year high of $55.79. The business has a fifty day moving average price of $53.23 and a 200-day moving average price of $53.23. The stock has a market capitalization of $5.31 billion, a price-to-earnings ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.849 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.