iShares International Dividend Growth ETF (BATS:IGRO) Sets New 12-Month High – What’s Next?

iShares International Dividend Growth ETF (BATS:IGRO)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $68.09 and last traded at $68.80, with a volume of 41116 shares traded. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Performance

The company has a market capitalization of $678.21 million, a PE ratio of 15.77 and a beta of 0.71. The company’s 50-day simple moving average is $69.28 and its 200-day simple moving average is $70.81.

Institutional Trading of iShares International Dividend Growth ETF

Hedge funds have recently made changes to their positions in the company. First Horizon Advisors Inc. lifted its stake in shares of iShares International Dividend Growth ETF by 95.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,057 shares of the company’s stock worth $79,000 after acquiring an additional 516 shares during the period. Private Trust Co. NA lifted its stake in shares of iShares International Dividend Growth ETF by 3.9% in the third quarter. Private Trust Co. NA now owns 10,521 shares of the company’s stock valued at $785,000 after purchasing an additional 397 shares during the period. Prime Capital Investment Advisors LLC lifted its stake in shares of iShares International Dividend Growth ETF by 4.8% in the third quarter. Prime Capital Investment Advisors LLC now owns 23,903 shares of the company’s stock valued at $1,783,000 after purchasing an additional 1,092 shares during the period. Lowe Wealth Advisors LLC lifted its stake in shares of iShares International Dividend Growth ETF by 198.4% in the fourth quarter. Lowe Wealth Advisors LLC now owns 28,794 shares of the company’s stock valued at $1,957,000 after purchasing an additional 19,144 shares during the period. Finally, Anchor Investment Management LLC acquired a new stake in shares of iShares International Dividend Growth ETF in the third quarter valued at about $2,257,000.

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.