iShares International Dividend Growth ETF (BATS:IGRO) Reaches New 52-Week High – Time to Buy?

iShares International Dividend Growth ETF (BATS:IGRO) shares hit a new 52-week high during trading on Wednesday. The company traded as high as $94.03 and last traded at $93.88, with a volume of 927 shares traded. The stock had previously closed at $92.57.

iShares International Dividend Growth ETF Stock Up 2.6%

The stock has a market cap of $1.44 billion, a P/E ratio of 16.33 and a beta of 0.74. The firm has a 50 day moving average price of $90.88 and a 200 day moving average price of $88.62.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lynx Investment Advisory lifted its holdings in iShares International Dividend Growth ETF by 4.2% during the third quarter. Lynx Investment Advisory now owns 104,031 shares of the company’s stock valued at $9,234,000 after purchasing an additional 4,218 shares in the last quarter. ADG Wealth Management Group LLC boosted its position in shares of iShares International Dividend Growth ETF by 1.6% in the third quarter. ADG Wealth Management Group LLC now owns 64,683 shares of the company’s stock worth $5,741,000 after purchasing an additional 1,015 shares during the period. Prime Capital Investment Advisors LLC increased its stake in shares of iShares International Dividend Growth ETF by 1.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 45,556 shares of the company’s stock worth $4,044,000 after purchasing an additional 593 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of iShares International Dividend Growth ETF by 12.7% in the third quarter. Farther Finance Advisors LLC now owns 3,194 shares of the company’s stock worth $283,000 after purchasing an additional 360 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in shares of iShares International Dividend Growth ETF by 32.0% in the first quarter. Arkadios Wealth Advisors now owns 7,514 shares of the company’s stock worth $629,000 after purchasing an additional 1,823 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.