Sage Financial Group Inc. Buys 40,266 Shares of iShares Global Infrastructure ETF (NASDAQ:IGF)

Sage Financial Group Inc. increased its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 48.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 122,611 shares of the company’s stock after acquiring an additional 40,266 shares during the quarter. iShares Global Infrastructure ETF comprises approximately 0.5% of Sage Financial Group Inc.’s investment portfolio, making the stock its 23rd biggest holding. Sage Financial Group Inc.’s holdings in iShares Global Infrastructure ETF were worth $6,409,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Renaissance Technologies LLC grew its stake in iShares Global Infrastructure ETF by 47.5% in the second quarter. Renaissance Technologies LLC now owns 55,000 shares of the company’s stock valued at $2,636,000 after acquiring an additional 17,700 shares during the period. Bank of Montreal Can lifted its holdings in shares of iShares Global Infrastructure ETF by 55.0% during the 2nd quarter. Bank of Montreal Can now owns 102,370 shares of the company’s stock valued at $4,968,000 after purchasing an additional 36,333 shares in the last quarter. Sunbelt Securities Inc. acquired a new position in shares of iShares Global Infrastructure ETF in the 2nd quarter valued at approximately $239,000. Cetera Investment Advisers increased its stake in iShares Global Infrastructure ETF by 3.5% during the 2nd quarter. Cetera Investment Advisers now owns 82,743 shares of the company’s stock worth $3,965,000 after purchasing an additional 2,781 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in iShares Global Infrastructure ETF during the 2nd quarter worth approximately $6,015,000.

iShares Global Infrastructure ETF Stock Performance

Shares of IGF opened at $53.29 on Thursday. The firm’s 50 day moving average price is $53.56 and its two-hundred day moving average price is $52.94. iShares Global Infrastructure ETF has a twelve month low of $43.84 and a twelve month high of $55.79. The firm has a market cap of $5.14 billion, a P/E ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Dividend Announcement

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

iShares Global Infrastructure ETF Company 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.