iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 79.9% in February

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 1,170,000 shares, a decline of 79.9% from the February 13th total of 5,810,000 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 847,100 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Park Avenue Securities LLC grew its stake in shares of iShares Global Infrastructure ETF by 8.5% during the fourth quarter. Park Avenue Securities LLC now owns 6,600 shares of the company’s stock worth $345,000 after buying an additional 515 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in iShares Global Infrastructure ETF during the 4th quarter worth $54,000. JPMorgan Chase & Co. increased its holdings in iShares Global Infrastructure ETF by 9.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 510,359 shares of the company’s stock worth $27,779,000 after purchasing an additional 42,810 shares in the last quarter. Atria Investments Inc raised its position in iShares Global Infrastructure ETF by 5.9% in the third quarter. Atria Investments Inc now owns 4,887 shares of the company’s stock valued at $266,000 after purchasing an additional 274 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in shares of iShares Global Infrastructure ETF by 84.3% during the fourth quarter. M&T Bank Corp now owns 13,927 shares of the company’s stock valued at $728,000 after purchasing an additional 6,370 shares in the last quarter.

iShares Global Infrastructure ETF Price Performance

NASDAQ:IGF traded down $0.02 during trading hours on Thursday, hitting $52.74. The company’s stock had a trading volume of 330,054 shares, compared to its average volume of 786,780. iShares Global Infrastructure ETF has a twelve month low of $45.19 and a twelve month high of $55.79. The stock has a fifty day simple moving average of $53.47 and a 200-day simple moving average of $53.65. The company has a market capitalization of $5.15 billion, a P/E ratio of 18.69 and a beta of 0.80.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently declared 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 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.