Marks Group Wealth Management Inc Raises Holdings in iShares Global Infrastructure ETF (NASDAQ:IGF)

Marks Group Wealth Management Inc increased its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,030 shares of the company’s stock after buying an additional 525 shares during the period. Marks Group Wealth Management Inc’s holdings in iShares Global Infrastructure ETF were worth $838,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Northwest Investment Counselors LLC bought a new position in iShares Global Infrastructure ETF during the 3rd quarter worth about $26,000. West Oak Capital LLC lifted its position in shares of iShares Global Infrastructure ETF by 2,500.0% in the 4th quarter. West Oak Capital LLC now owns 650 shares of the company’s stock worth $34,000 after purchasing an additional 625 shares during the period. Exchange Traded Concepts LLC bought a new position in shares of iShares Global Infrastructure ETF during the third quarter valued at approximately $45,000. B. Riley Wealth Advisors Inc. purchased a new position in iShares Global Infrastructure ETF during the third quarter valued at approximately $220,000. Finally, Benjamin Edwards Inc. purchased a new position in iShares Global Infrastructure ETF during the third quarter valued at approximately $253,000.

iShares Global Infrastructure ETF Stock Down 0.1 %

iShares Global Infrastructure ETF stock opened at $54.10 on Thursday. The firm has a market cap of $5.28 billion, a P/E ratio of 22.20 and a beta of 0.80. The business has a fifty day moving average of $53.25 and a two-hundred day moving average of $53.23. iShares Global Infrastructure ETF has a twelve month low of $43.84 and a twelve 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. Investors of record on Tuesday, December 17th were paid a dividend of $0.849 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares Global Infrastructure ETF 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.