iShares Global Infrastructure ETF (NASDAQ:IGF – Get Free Report) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 315,341 shares, a drop of 72.2% from the June 15th total of 1,135,954 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 986,067 shares, the short-interest ratio is presently 0.3 days.
Institutional Trading of iShares Global Infrastructure ETF
Institutional investors have recently added to or reduced their stakes in the stock. Trust Co. of Vermont bought a new position in iShares Global Infrastructure ETF during the 4th quarter worth approximately $25,000. Rice Partnership LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 4th quarter valued at $25,000. Aptus Capital Advisors LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at $25,000. Ameriflex Group Inc. acquired a new stake in shares of iShares Global Infrastructure ETF during the fourth quarter worth $39,000. Finally, Dunhill Financial LLC increased its position in shares of iShares Global Infrastructure ETF by 1,381.2% during the fourth quarter. Dunhill Financial LLC now owns 711 shares of the company’s stock worth $44,000 after buying an additional 663 shares during the period.
iShares Global Infrastructure ETF Stock Up 0.2%
IGF traded up $0.11 during midday trading on Tuesday, hitting $67.12. 525,190 shares of the company were exchanged, compared to its average volume of 877,281. The firm’s 50 day moving average price is $66.81 and its 200-day moving average price is $66.15. iShares Global Infrastructure ETF has a 1-year low of $58.12 and a 1-year high of $69.60. The firm has a market capitalization of $10.89 billion, a P/E ratio of 20.10 and a beta of 0.61.
iShares Global Infrastructure ETF Announces Dividend
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.
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