ALPS International Sector Dividend Dogs ETF (NYSEARCA:IDOG) Sees Unusually-High Trading Volume – Still a Buy?

ALPS International Sector Dividend Dogs ETF (NYSEARCA:IDOG) saw unusually-strong trading volume on Monday . 72,731 shares changed hands during mid-day trading, an increase of 110% from the previous session’s volume of 34,620 shares.The stock last traded at $44.01 and had previously closed at $44.20.

ALPS International Sector Dividend Dogs ETF Stock Performance

The firm has a 50-day moving average of $42.59 and a 200-day moving average of $42.20. The firm has a market capitalization of $555.66 million, a P/E ratio of 11.22 and a beta of 0.58.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of ALPS International Sector Dividend Dogs ETF by 16.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,822 shares of the company’s stock valued at $75,000 after buying an additional 258 shares during the last quarter. Cahill Financial Advisors Inc. raised its position in ALPS International Sector Dividend Dogs ETF by 2.3% in the 4th quarter. Cahill Financial Advisors Inc. now owns 66,117 shares of the company’s stock worth $2,549,000 after buying an additional 1,488 shares during the last quarter. Basepoint Wealth LLC bought a new position in ALPS International Sector Dividend Dogs ETF during the 4th quarter valued at about $36,000. Ameriprise Financial Inc. lifted its stake in ALPS International Sector Dividend Dogs ETF by 1.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 97,291 shares of the company’s stock valued at $3,615,000 after acquiring an additional 1,292 shares during the period. Finally, Baird Financial Group Inc. boosted its holdings in shares of ALPS International Sector Dividend Dogs ETF by 5.6% during the 2nd quarter. Baird Financial Group Inc. now owns 17,894 shares of the company’s stock valued at $607,000 after acquiring an additional 950 shares during the last quarter.

About ALPS International Sector Dividend Dogs ETF

The ALPS International Sector Dividend Dogs ETF (IDOG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index that selects the five companies with the highest dividend yield in each of the 10 GICS sectors from international developed markets. IDOG was launched on Jun 27, 2013 and is managed by ALPS.