iShares International Dividend Growth ETF (BATS:IGRO) Hits New 12-Month High – Still a Buy?

iShares International Dividend Growth ETF (BATS:IGRO)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $90.80 and last traded at $90.79, with a volume of 3976 shares trading hands. The stock had previously closed at $89.16.

iShares International Dividend Growth ETF Price Performance

The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74. The firm has a fifty day simple moving average of $88.63 and a two-hundred day simple moving average of $87.15.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Commonwealth Retirement Investments LLC acquired a new position in iShares International Dividend Growth ETF during the 4th quarter valued at approximately $41,000. Arax Advisory Partners acquired a new stake in shares of iShares International Dividend Growth ETF during the fourth quarter worth $86,000. Triumph Capital Management acquired a new stake in shares of iShares International Dividend Growth ETF during the third quarter worth $108,000. Imprint Wealth LLC purchased a new stake in shares of iShares International Dividend Growth ETF during the third quarter valued at $235,000. Finally, Farther Finance Advisors LLC increased its position in shares of iShares International Dividend Growth ETF by 26.0% in the 4th quarter. Farther Finance Advisors LLC now owns 5,661 shares of the company’s stock valued at $469,000 after acquiring an additional 1,169 shares during the period.

iShares International Dividend Growth ETF Company Profile

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.