iShares International Developed Real Estate ETF (NASDAQ:IFGL) Stock Jumps 0.9% – Still a Buy?

Shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) shot up 0.9% during trading on Monday. The company traded as high as $21.24 and last traded at $21.15. Approximately 14,337 shares were traded during trading, a decline of 3% from the average session volume of 14,824 shares. The stock had previously closed at $20.96.

iShares International Developed Real Estate ETF Stock Up 2.7%

The business’s 50-day simple moving average is $21.20 and its two-hundred day simple moving average is $22.79. The firm has a market capitalization of $82.38 million, a price-to-earnings ratio of 20.34 and a beta of 0.79.

iShares International Developed Real Estate ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a $0.2020 dividend. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.81 dividend on an annualized basis and a yield of 3.7%. This is a decrease from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.3198.

iShares International Developed Real Estate ETF Company Profile

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.