Principal Financial Group Inc. Increases Stake in iShares Global Infrastructure ETF $IGF

Principal Financial Group Inc. raised its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGFFree Report) by 63.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 688,523 shares of the company’s stock after buying an additional 266,650 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Global Infrastructure ETF were worth $46,131,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IGF. CIBC Private Wealth Group LLC raised its holdings in iShares Global Infrastructure ETF by 39.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 205,666 shares of the company’s stock valued at $12,570,000 after acquiring an additional 58,321 shares during the last quarter. Apella Capital LLC acquired a new position in shares of iShares Global Infrastructure ETF during the 4th quarter worth approximately $3,831,000. CWM LLC grew its position in shares of iShares Global Infrastructure ETF by 3,140.5% in the fourth quarter. CWM LLC now owns 71,777 shares of the company’s stock valued at $4,404,000 after purchasing an additional 69,562 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Global Infrastructure ETF by 14.3% in the third quarter. JPMorgan Chase & Co. now owns 370,804 shares of the company’s stock valued at $22,664,000 after purchasing an additional 46,312 shares in the last quarter. Finally, FSM Wealth Advisors LLC increased its holdings in shares of iShares Global Infrastructure ETF by 17.1% in the fourth quarter. FSM Wealth Advisors LLC now owns 237,519 shares of the company’s stock valued at $14,574,000 after purchasing an additional 34,662 shares during the last quarter.

iShares Global Infrastructure ETF Stock Up 0.1%

NASDAQ IGF opened at $66.94 on Friday. iShares Global Infrastructure ETF has a 52 week low of $58.59 and a 52 week high of $69.60. The firm has a market cap of $10.89 billion, a PE ratio of 20.10 and a beta of 0.61. The business’s fifty day simple moving average is $66.77 and its 200-day simple moving average is $66.27.

iShares Global Infrastructure ETF Dividend Announcement

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

iShares Global Infrastructure ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Global Infrastructure ETF (NASDAQ:IGF)

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