Stratos Wealth Partners LTD. Trims Stock Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Stratos Wealth Partners LTD. reduced its stake in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 5.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,353 shares of the company’s stock after selling 319 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares Global Infrastructure ETF were worth $280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IGF. Exchange Traded Concepts LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth about $45,000. Northwest Investment Counselors LLC purchased a new stake in iShares Global Infrastructure ETF during the 3rd quarter valued at approximately $26,000. Greenleaf Trust raised its position in shares of iShares Global Infrastructure ETF by 2.9% during the third quarter. Greenleaf Trust now owns 9,744 shares of the company’s stock valued at $530,000 after buying an additional 272 shares during the last quarter. Heartland Bank & Trust Co raised its position in shares of iShares Global Infrastructure ETF by 0.3% during the third quarter. Heartland Bank & Trust Co now owns 290,292 shares of the company’s stock valued at $15,801,000 after buying an additional 858 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of iShares Global Infrastructure ETF in the third quarter worth $2,438,000.

iShares Global Infrastructure ETF Price Performance

Shares of IGF opened at $54.38 on Friday. The business’s 50 day simple moving average is $53.23 and its 200-day simple moving average is $53.23. iShares Global Infrastructure ETF has a 1 year low of $44.01 and a 1 year high of $55.79. 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 announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a dividend of $0.849 per share. The ex-dividend date of this dividend 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.