iShares International Select Dividend ETF (BATS:IDV) Hits New 12-Month Low – Should You Sell?

iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week low during trading on Monday . The company traded as low as $27.53 and last traded at $30.05, with a volume of 516969 shares trading hands. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Price Performance

The stock has a market capitalization of $4.23 billion, a PE ratio of 9.91 and a beta of 0.92. The firm’s 50 day simple moving average is $28.36 and its 200 day simple moving average is $28.84.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Putney Financial Group LLC purchased a new stake in iShares International Select Dividend ETF during the fourth quarter valued at about $45,000. Colonial Trust Co SC lifted its stake in shares of iShares International Select Dividend ETF by 385.7% in the 4th quarter. Colonial Trust Co SC now owns 2,137 shares of the company’s stock valued at $59,000 after acquiring an additional 1,697 shares during the last quarter. 10Elms LLP purchased a new stake in iShares International Select Dividend ETF during the 4th quarter valued at about $96,000. Cullen Frost Bankers Inc. grew its position in iShares International Select Dividend ETF by 961.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,874 shares of the company’s stock worth $133,000 after acquiring an additional 4,415 shares during the last quarter. Finally, AlphaMark Advisors LLC bought a new position in iShares International Select Dividend ETF during the 4th quarter worth approximately $198,000.

About iShares International Select Dividend ETF

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.