IMA Advisory Services Inc. Buys New Position in iShares Global Infrastructure ETF $IGF

IMA Advisory Services Inc. purchased a new stake in iShares Global Infrastructure ETF (NASDAQ:IGF) in the third quarter, HoldingsChannel.com reports. The firm purchased 45,589 shares of the company’s stock, valued at approximately $2,786,000.

Several other institutional investors have also added to or reduced their stakes in the business. NewEdge Advisors LLC increased its holdings in shares of iShares Global Infrastructure ETF by 17.9% during the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock valued at $69,000 after acquiring an additional 191 shares in the last quarter. BlueChip Wealth Advisors LLC grew its position in iShares Global Infrastructure ETF by 5.7% during the 3rd quarter. BlueChip Wealth Advisors LLC now owns 4,037 shares of the company’s stock worth $247,000 after purchasing an additional 216 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in iShares Global Infrastructure ETF by 1.8% during the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 12,646 shares of the company’s stock worth $749,000 after purchasing an additional 221 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in iShares Global Infrastructure ETF by 7.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 4,005 shares of the company’s stock valued at $245,000 after purchasing an additional 262 shares in the last quarter. Finally, Freedom Investment Management Inc. raised its holdings in shares of iShares Global Infrastructure ETF by 3.7% in the second quarter. Freedom Investment Management Inc. now owns 8,505 shares of the company’s stock worth $503,000 after buying an additional 302 shares during the last quarter.

iShares Global Infrastructure ETF Trading Down 0.1%

NASDAQ:IGF opened at $67.39 on Friday. The company has a market capitalization of $9.87 billion, a P/E ratio of 20.10 and a beta of 0.73. iShares Global Infrastructure ETF has a 12 month low of $49.74 and a 12 month high of $67.96. The firm has a fifty day simple moving average of $62.73 and a 200-day simple moving average of $61.67.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.9956 per share. The ex-dividend date was Tuesday, December 16th.

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.