Hoge Financial Services LLC Reduces Stock Position in iShares Global Infrastructure ETF $IGF

Hoge Financial Services LLC cut its stake in iShares Global Infrastructure ETF (NASDAQ:IGF) by 44.3% in the first quarter, HoldingsChannel.com reports. The fund owned 17,886 shares of the company’s stock after selling 14,238 shares during the period. iShares Global Infrastructure ETF accounts for 0.6% of Hoge Financial Services LLC’s holdings, making the stock its 18th biggest position. Hoge Financial Services LLC’s holdings in iShares Global Infrastructure ETF were worth $1,198,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the stock. Rice Partnership LLC bought a new position in iShares Global Infrastructure ETF during the fourth quarter valued at approximately $25,000. Aptus Capital Advisors LLC bought a new position in shares of iShares Global Infrastructure ETF during the 3rd quarter valued at $25,000. Trust Co. of Vermont bought a new position in shares of iShares Global Infrastructure ETF during the 4th quarter valued at $25,000. Ameriflex Group Inc. purchased a new position in shares of iShares Global Infrastructure ETF in the 4th quarter worth $39,000. Finally, Dunhill Financial LLC boosted its stake in shares of iShares Global Infrastructure ETF by 1,381.2% in the 4th quarter. Dunhill Financial LLC now owns 711 shares of the company’s stock worth $44,000 after buying an additional 663 shares during the last quarter.

iShares Global Infrastructure ETF Price Performance

Shares of IGF opened at $67.32 on Friday. The firm has a market capitalization of $10.48 billion, a P/E ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a one year low of $57.96 and a one year high of $69.60. The business has a fifty day moving average of $66.92 and a 200 day moving average of $65.69.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.9337 per share. The ex-dividend date was Monday, June 15th.

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.