iShares International Select Dividend ETF (BATS:IDV) Sets New 12-Month Low – What’s Next?

iShares International Select Dividend ETF (BATS:IDV)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $27.53 and last traded at $27.89, with a volume of 516969 shares traded. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Stock Performance

The firm has a market capitalization of $4.11 billion, a PE ratio of 5.44 and a beta of 0.74. The company’s 50-day moving average price is $27.93 and its 200-day moving average price is $28.73.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Several institutional investors have recently modified their holdings of IDV. Arkadios Wealth Advisors purchased a new stake in iShares International Select Dividend ETF in the third quarter valued at $20,419,000. JPMorgan Chase & Co. lifted its position in iShares International Select Dividend ETF by 6.4% in the third quarter. JPMorgan Chase & Co. now owns 909,235 shares of the company’s stock valued at $27,486,000 after acquiring an additional 54,680 shares during the last quarter. AdvisorNet Financial Inc lifted its position in iShares International Select Dividend ETF by 16.4% in the fourth quarter. AdvisorNet Financial Inc now owns 229,604 shares of the company’s stock valued at $6,287,000 after acquiring an additional 32,333 shares during the last quarter. Crews Bank & Trust purchased a new stake in iShares International Select Dividend ETF in the fourth quarter valued at $242,000. Finally, AlphaMark Advisors LLC purchased a new stake in iShares International Select Dividend ETF in the fourth quarter valued at $198,000.

iShares International Select Dividend ETF Company Profile

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.