The Manufacturers Life Insurance Company Sells 214,138 Shares of iShares Global Infrastructure ETF $IGF

The Manufacturers Life Insurance Company lessened its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 16.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,104,033 shares of the company’s stock after selling 214,138 shares during the period. The Manufacturers Life Insurance Company owned about 0.71% of iShares Global Infrastructure ETF worth $73,970,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Northern Trust Corp raised its position in shares of iShares Global Infrastructure ETF by 13.0% in the third quarter. Northern Trust Corp now owns 32,269,755 shares of the company’s stock valued at $1,972,327,000 after buying an additional 3,701,749 shares in the last quarter. Jane Street Group LLC acquired a new stake in iShares Global Infrastructure ETF during the fourth quarter worth approximately $71,842,000. Northwestern Mutual Wealth Management Co. increased its stake in iShares Global Infrastructure ETF by 1,527.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 913,157 shares of the company’s stock worth $56,031,000 after acquiring an additional 857,061 shares during the period. Pictet Asset Management Holding SA increased its stake in iShares Global Infrastructure ETF by 70.7% during the 4th quarter. Pictet Asset Management Holding SA now owns 1,813,170 shares of the company’s stock worth $111,869,000 after acquiring an additional 751,250 shares during the period. Finally, Bank of America Corp DE increased its stake in iShares Global Infrastructure ETF by 140.0% during the 2nd quarter. Bank of America Corp DE now owns 918,485 shares of the company’s stock worth $54,374,000 after acquiring an additional 535,717 shares during the period.

iShares Global Infrastructure ETF Stock Performance

NASDAQ:IGF opened at $66.31 on Thursday. The stock has a fifty day moving average price of $66.76 and a 200-day moving average price of $66.60. The company has a market cap of $10.85 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a fifty-two week low of $58.59 and a fifty-two week high of $69.60.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.9337 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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.