iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Update

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 5,810,000 shares, a growth of 205.8% from the January 31st total of 1,900,000 shares. Based on an average trading volume of 905,000 shares, the days-to-cover ratio is currently 6.4 days.

iShares Global Infrastructure ETF Trading Up 1.2 %

iShares Global Infrastructure ETF stock traded up $0.61 during midday trading on Friday, reaching $53.46. 1,496,641 shares of the stock traded hands, compared to its average volume of 842,291. The company has a 50-day simple moving average of $53.39 and a two-hundred day simple moving average of $53.56. The firm has a market cap of $5.22 billion, a PE ratio of 22.20 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 disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a $0.849 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Several hedge funds and other institutional investors have recently made changes to their positions in IGF. International Assets Investment Management LLC purchased a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at about $2,438,000. Fiducient Advisors LLC purchased a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at about $413,000. US Bancorp DE boosted its stake in shares of iShares Global Infrastructure ETF by 89.2% in the 3rd quarter. US Bancorp DE now owns 1,696,610 shares of the company’s stock valued at $92,346,000 after buying an additional 799,958 shares during the period. Sage Financial Group Inc. boosted its stake in shares of iShares Global Infrastructure ETF by 5.3% in the 3rd quarter. Sage Financial Group Inc. now owns 82,345 shares of the company’s stock valued at $4,482,000 after buying an additional 4,126 shares during the period. Finally, FSM Wealth Advisors LLC boosted its stake in shares of iShares Global Infrastructure ETF by 14.1% in the 3rd quarter. FSM Wealth Advisors LLC now owns 142,464 shares of the company’s stock valued at $7,754,000 after buying an additional 17,578 shares during the period.

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.