iShares International Dividend Growth ETF (BATS:IGRO) Sets New 1-Year High – Still a Buy?

iShares International Dividend Growth ETF (BATS:IGRO) shares reached a new 52-week high on Wednesday . The stock traded as high as $68.09 and last traded at $69.37, with a volume of 41116 shares traded. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Price Performance

The company has a market capitalization of $679.78 million, a P/E ratio of 15.77 and a beta of 0.71. The business’s 50-day moving average price is $69.31 and its two-hundred day moving average price is $70.80.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

Several institutional investors have recently modified their holdings of the business. Lowe Wealth Advisors LLC raised its holdings in iShares International Dividend Growth ETF by 198.4% during the 4th quarter. Lowe Wealth Advisors LLC now owns 28,794 shares of the company’s stock worth $1,957,000 after buying an additional 19,144 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares International Dividend Growth ETF by 50.9% during the third quarter. JPMorgan Chase & Co. now owns 259,532 shares of the company’s stock worth $19,359,000 after acquiring an additional 87,583 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of iShares International Dividend Growth ETF during the third quarter worth $2,257,000. Sunbelt Securities Inc. lifted its position in iShares International Dividend Growth ETF by 8.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 35,168 shares of the company’s stock valued at $2,623,000 after acquiring an additional 2,827 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in iShares International Dividend Growth ETF by 1,162.4% in the 3rd quarter. Captrust Financial Advisors now owns 60,545 shares of the company’s stock worth $4,516,000 after purchasing an additional 55,749 shares during the period.

iShares International Dividend Growth ETF Company Profile

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.