iShares International Dividend Growth ETF (BATS:IGRO) Shares Down 0.8% – Here’s Why

iShares International Dividend Growth ETF (BATS:IGRO) were down 0.8% during trading on Tuesday . The stock traded as low as $86.98 and last traded at $87.25. Approximately 24,131 shares were traded during trading, a decline of 57% from the average session volume of 56,102 shares. The stock had previously closed at $87.93.

iShares International Dividend Growth ETF Stock Up 0.4%

The business has a 50-day moving average price of $87.81 and a two-hundred day moving average price of $86.02. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IGRO. Arkadios Wealth Advisors grew its holdings in shares of iShares International Dividend Growth ETF by 32.0% during the first quarter. Arkadios Wealth Advisors now owns 7,514 shares of the company’s stock valued at $629,000 after buying an additional 1,823 shares during the last quarter. Sunbelt Securities Inc. lifted its position in iShares International Dividend Growth ETF by 1.0% in the 1st quarter. Sunbelt Securities Inc. now owns 45,510 shares of the company’s stock valued at $3,812,000 after acquiring an additional 443 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in iShares International Dividend Growth ETF by 11.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,508 shares of the company’s stock valued at $964,000 after acquiring an additional 1,143 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares International Dividend Growth ETF by 23.7% during the 1st quarter. Bank of New York Mellon Corp now owns 14,847 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,849 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in iShares International Dividend Growth ETF by 3.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 195,114 shares of the company’s stock valued at $16,345,000 after purchasing an additional 6,566 shares during 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.