iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Large Volume Increase – Should You Buy?

Shares of iShares Global Infrastructure ETF (NASDAQ:IGF) saw an uptick in trading volume on Tuesday . 1,273,615 shares were traded during mid-day trading, an increase of 137% from the previous session’s volume of 538,446 shares.The stock last traded at $53.08 and had previously closed at $53.53.

iShares Global Infrastructure ETF Price Performance

The firm’s 50-day moving average is $53.62 and its two-hundred day moving average is $52.92. The company has a market cap of $5.08 billion, a P/E ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.849 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

Several large investors have recently bought and sold shares of IGF. Northwest Investment Counselors LLC bought a new position in iShares Global Infrastructure ETF during the third quarter valued at $26,000. West Oak Capital LLC increased its position in iShares Global Infrastructure ETF by 2,500.0% during the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock valued at $34,000 after acquiring an additional 625 shares during the last quarter. Quent Capital LLC increased its position in iShares Global Infrastructure ETF by 60.7% during the third quarter. Quent Capital LLC now owns 638 shares of the company’s stock valued at $35,000 after acquiring an additional 241 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in iShares Global Infrastructure ETF during the third quarter valued at $45,000. Finally, First PREMIER Bank bought a new position in iShares Global Infrastructure ETF during the third quarter valued at $76,000.

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.