iShares International Dividend Growth ETF (BATS:IGRO) Reaches New 1-Year High – Should You Buy?

iShares International Dividend Growth ETF (BATS:IGRO) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $71.23 and last traded at $71.18, with a volume of 56316 shares changing hands. The stock had previously closed at $71.23.

iShares International Dividend Growth ETF Stock Performance

The business’s fifty day simple moving average is $72.17 and its 200-day simple moving average is $70.47. The firm has a market capitalization of $697.56 million, a PE ratio of 15.77 and a beta of 0.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sunbelt Securities Inc. boosted its stake in iShares International Dividend Growth ETF by 5.5% during the second quarter. Sunbelt Securities Inc. now owns 32,341 shares of the company’s stock worth $2,180,000 after buying an additional 1,677 shares during the period. Comerica Bank lifted its position in shares of iShares International Dividend Growth ETF by 42.5% during the first quarter. Comerica Bank now owns 2,836 shares of the company’s stock worth $191,000 after purchasing an additional 846 shares during the last quarter. Lowe Wealth Advisors LLC lifted its position in shares of iShares International Dividend Growth ETF by 828.8% during the third quarter. Lowe Wealth Advisors LLC now owns 9,650 shares of the company’s stock worth $720,000 after purchasing an additional 8,611 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of iShares International Dividend Growth ETF by 25.8% during the second quarter. Prime Capital Investment Advisors LLC now owns 22,811 shares of the company’s stock worth $1,537,000 after purchasing an additional 4,672 shares during the last quarter. Finally, Confluence Wealth Services Inc. lifted its position in shares of iShares International Dividend Growth ETF by 7.5% during the third quarter. Confluence Wealth Services Inc. now owns 118,756 shares of the company’s stock worth $8,858,000 after purchasing an additional 8,316 shares during the last quarter.

About iShares International Dividend Growth ETF

The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of international equities that have growing dividends. IGRO was launched on May 17, 2016 and is managed by BlackRock.