Principal Financial Group Inc. Has $111.32 Million Position in iShares Global Infrastructure ETF (NASDAQ:IGF)

Principal Financial Group Inc. lowered its holdings in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 2.5% during the fourth quarter, HoldingsChannel reports. The firm owned 2,129,616 shares of the company’s stock after selling 53,550 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares Global Infrastructure ETF were worth $111,315,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its position in iShares Global Infrastructure ETF by 2.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,875,964 shares of the company’s stock valued at $102,109,000 after buying an additional 40,418 shares during the last quarter. US Bancorp DE raised its position in iShares Global Infrastructure ETF by 89.2% in the 3rd quarter. US Bancorp DE now owns 1,696,610 shares of the company’s stock valued at $92,346,000 after buying an additional 799,958 shares during the last quarter. Fifth Third Bancorp raised its position in iShares Global Infrastructure ETF by 10.2% in the 4th quarter. Fifth Third Bancorp now owns 1,354,116 shares of the company’s stock valued at $70,780,000 after buying an additional 125,320 shares during the last quarter. Waldron Private Wealth LLC raised its position in iShares Global Infrastructure ETF by 68.2% in the 4th quarter. Waldron Private Wealth LLC now owns 925,897 shares of the company’s stock valued at $48,397,000 after buying an additional 375,573 shares during the last quarter. Finally, Money Design Co. Ltd. raised its position in iShares Global Infrastructure ETF by 8.2% in the 4th quarter. Money Design Co. Ltd. now owns 538,250 shares of the company’s stock valued at $28,167,000 after buying an additional 40,620 shares during the last quarter.

iShares Global Infrastructure ETF Stock Performance

Shares of iShares Global Infrastructure ETF stock opened at $54.43 on Wednesday. The business’s 50 day simple moving average is $53.21 and its 200 day simple moving average is $53.37. iShares Global Infrastructure ETF has a 52-week low of $45.14 and a 52-week high of $55.79. The firm has a market cap of $5.31 billion, a PE ratio of 22.20 and a beta of 0.80.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently announced 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 was Tuesday, December 17th.

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.