Bank of New York Mellon Corp Reduces Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Bank of New York Mellon Corp lowered its position in iShares Global Infrastructure ETF (NASDAQ:IGF) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 399,957 shares of the company’s stock after selling 23,131 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.41% of iShares Global Infrastructure ETF worth $20,906,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Centricity Wealth Management LLC purchased a new stake in iShares Global Infrastructure ETF during the 4th quarter valued at approximately $33,000. West Oak Capital LLC increased its holdings in shares of iShares Global Infrastructure ETF by 2,500.0% in the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock valued at $34,000 after purchasing an additional 625 shares during the period. Exchange Traded Concepts LLC raised its stake in shares of iShares Global Infrastructure ETF by 30.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,083 shares of the company’s stock worth $57,000 after purchasing an additional 253 shares during the last quarter. Bank of Jackson Hole Trust acquired a new stake in shares of iShares Global Infrastructure ETF during the fourth quarter worth $149,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in iShares Global Infrastructure ETF in the 3rd quarter valued at $220,000.

iShares Global Infrastructure ETF Trading Down 0.3 %

Shares of IGF stock opened at $52.81 on Tuesday. The stock has a 50 day simple moving average of $53.44 and a 200-day simple moving average of $53.64. The company has a market cap of $5.15 billion, a price-to-earnings ratio of 18.69 and a beta of 0.80. iShares Global Infrastructure ETF has a 12-month low of $45.19 and a 12-month high of $55.79.

iShares Global Infrastructure ETF Announces Dividend

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

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.