iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Large Volume Increase – Time to Buy?

iShares Global Infrastructure ETF (NASDAQ:IGF) saw strong trading volume on Monday . 8,182,204 shares were traded during trading, an increase of 797% from the previous session’s volume of 912,221 shares.The stock last traded at $53.77 and had previously closed at $53.37.

iShares Global Infrastructure ETF Stock Performance

The company has a market capitalization of $5.28 billion, a P/E ratio of 22.20 and a beta of 0.80. The business’s fifty day simple moving average is $53.26 and its 200-day simple moving average is $53.22.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.849 dividend. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

Several large investors have recently bought and sold shares of IGF. Northwest Investment Counselors LLC bought a new position in iShares Global Infrastructure ETF during the third quarter valued at $26,000. Centricity Wealth Management LLC bought a new position in shares of iShares Global Infrastructure ETF in the 4th quarter valued at about $33,000. West Oak Capital LLC grew its position in iShares Global Infrastructure ETF by 2,500.0% in the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock worth $34,000 after acquiring an additional 625 shares in the last quarter. Lee Danner & Bass Inc. purchased a new position in iShares Global Infrastructure ETF in the fourth quarter worth about $44,000. Finally, Exchange Traded Concepts LLC bought a new stake in iShares Global Infrastructure ETF during the third quarter worth approximately $45,000.

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.