Assetmark Inc. Sells 65,693 Shares of iShares Global Infrastructure ETF $IGF

Assetmark Inc. trimmed its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 4.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,343,281 shares of the company’s stock after selling 65,693 shares during the period. Assetmark Inc.’s holdings in iShares Global Infrastructure ETF were worth $82,101,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IGF. Quent Capital LLC acquired a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at $27,000. Chilton Capital Management LLC acquired a new position in iShares Global Infrastructure ETF during the second quarter worth $28,000. Accordant Advisory Group Inc purchased a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter valued at about $32,000. Mather Group LLC. acquired a new stake in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at approximately $42,000. Finally, Morgan Dempsey Capital Management LLC raised its holdings in iShares Global Infrastructure ETF by 150.8% during the second quarter. Morgan Dempsey Capital Management LLC now owns 1,101 shares of the company’s stock worth $65,000 after purchasing an additional 662 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

IGF opened at $67.39 on Friday. iShares Global Infrastructure ETF has a 12-month low of $49.74 and a 12-month high of $67.96. The firm’s fifty day moving average price is $62.73 and its 200 day moving average price is $61.67. The stock has a market capitalization of $9.87 billion, a PE ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Dividend Announcement

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

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.