iShares International Dividend Growth ETF (BATS:IGRO) Reaches New 12-Month High – Time to Buy?

iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high during trading on Monday . The stock traded as high as $73.91 and last traded at $72.99, with a volume of 34845 shares traded. The stock had previously closed at $73.75.

iShares International Dividend Growth ETF Stock Performance

The company has a market capitalization of $715.25 million, a PE ratio of 15.77 and a beta of 0.71. The firm’s 50-day simple moving average is $72.82 and its 200 day simple moving average is $69.44.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Several institutional investors have recently made changes to their positions in the stock. Lowe Wealth Advisors LLC raised its stake in shares of iShares International Dividend Growth ETF by 828.8% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 9,650 shares of the company’s stock worth $720,000 after buying an additional 8,611 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of iShares International Dividend Growth ETF by 5.5% in the 2nd 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 in the last quarter. Prime Capital Investment Advisors LLC boosted its position in shares of iShares International Dividend Growth ETF by 25.8% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 22,811 shares of the company’s stock worth $1,537,000 after buying an additional 4,672 shares in the last quarter. Confluence Wealth Services Inc. boosted its position in shares of iShares International Dividend Growth ETF by 5.0% in the 2nd quarter. Confluence Wealth Services Inc. now owns 110,440 shares of the company’s stock worth $7,444,000 after buying an additional 5,259 shares in the last quarter. Finally, ORG Partners LLC purchased a new stake in shares of iShares International Dividend Growth ETF in the 2nd quarter worth about $554,000.

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.