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

iShares International Dividend Growth ETF (BATS:IGRO)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $68.09 and last traded at $70.01, with a volume of 41116 shares. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Trading Up 4.3 %

The firm has a market capitalization of $686.10 million, a price-to-earnings ratio of 15.77 and a beta of 0.71. The company has a fifty day moving average price of $69.27 and a two-hundred day moving average price of $70.81.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Confluence Wealth Services Inc. boosted its holdings in shares of iShares International Dividend Growth ETF by 5.1% during the 4th quarter. Confluence Wealth Services Inc. now owns 124,778 shares of the company’s stock worth $8,662,000 after purchasing an additional 6,022 shares during the last quarter. Fifth Third Securities Inc. raised its position in shares of iShares International Dividend Growth ETF by 16.5% during the 4th quarter. Fifth Third Securities Inc. now owns 130,814 shares of the company’s stock valued at $8,890,000 after buying an additional 18,538 shares during the period. Lowe Wealth Advisors LLC raised its position in shares of 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 valued at $1,957,000 after buying an additional 19,144 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares International Dividend Growth ETF by 50.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 259,532 shares of the company’s stock valued at $19,359,000 after buying an additional 87,583 shares during the period. Finally, Anchor Investment Management LLC purchased a new stake in shares of iShares International Dividend Growth ETF during the 3rd quarter valued at approximately $2,257,000.

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.