iShares International Dividend Growth ETF (BATS:IGRO) Sets New 12-Month High – Still a Buy?

Shares of iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $68.09 and last traded at $68.09, with a volume of 41116 shares traded. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Trading Up 1.4 %

The firm has a market capitalization of $666.79 million, a PE ratio of 15.77 and a beta of 0.71. The business has a 50 day moving average price of $69.54 and a 200-day moving average price of $70.76.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in iShares International Dividend Growth ETF by 50.9% in the third 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 in the last quarter. Janney Montgomery Scott LLC increased its stake in iShares International Dividend Growth ETF by 1.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 169,378 shares of the company’s stock valued at $12,634,000 after purchasing an additional 3,025 shares in the last quarter. Confluence Wealth Services Inc. raised its holdings in 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. Icon Wealth Advisors LLC raised its holdings in iShares International Dividend Growth ETF by 1,298.8% during the third quarter. Icon Wealth Advisors LLC now owns 112,672 shares of the company’s stock worth $8,404,000 after purchasing an additional 104,617 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in iShares International Dividend Growth ETF by 1,162.4% during the third 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 in 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.