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

iShares International Dividend Growth ETF (BATS:IGRO) shares reached a new 52-week high on Monday . The stock traded as high as $88.70 and last traded at $88.7990, with a volume of 32277 shares traded. The stock had previously closed at $88.00.

iShares International Dividend Growth ETF Price Performance

The company has a market cap of $1.35 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74. The stock has a 50-day moving average price of $84.01 and a 200 day moving average price of $81.06.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. acquired a new position in iShares International Dividend Growth ETF in the 3rd quarter worth $28,000. Cullen Frost Bankers Inc. bought a new stake in shares of iShares International Dividend Growth ETF in the second quarter valued at about $40,000. Triumph Capital Management acquired a new position in shares of iShares International Dividend Growth ETF during the third quarter worth about $108,000. Cozad Asset Management Inc. bought a new position in shares of iShares International Dividend Growth ETF during the second quarter worth about $205,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares International Dividend Growth ETF during the third quarter worth about $235,000.

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.