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

iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high on Monday . The stock traded as high as $70.46 and last traded at $69.96, with a volume of 42581 shares trading hands. The stock had previously closed at $70.24.

iShares International Dividend Growth ETF Stock Performance

The business has a 50 day moving average of $71.41 and a 200-day moving average of $70.71. The company has a market capitalization of $680.22 million, a P/E ratio of 15.77 and a beta of 0.71.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of IGRO. First Horizon Advisors Inc. raised its position in shares of iShares International Dividend Growth ETF by 95.4% in the third quarter. First Horizon Advisors Inc. now owns 1,057 shares of the company’s stock worth $79,000 after buying an additional 516 shares in the last quarter. Lowe Wealth Advisors LLC increased its stake in iShares International Dividend Growth ETF by 828.8% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 9,650 shares of the company’s stock worth $720,000 after acquiring an additional 8,611 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of iShares International Dividend Growth ETF by 3.9% in the 3rd quarter. Private Trust Co. NA now owns 10,521 shares of the company’s stock valued at $785,000 after acquiring an additional 397 shares in the last quarter. Prime Capital Investment Advisors LLC raised its holdings in shares of iShares International Dividend Growth ETF by 25.8% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 22,811 shares of the company’s stock valued at $1,537,000 after acquiring an additional 4,672 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of iShares International Dividend Growth ETF by 5.5% during the 2nd quarter. Sunbelt Securities Inc. now owns 32,341 shares of the company’s stock valued at $2,180,000 after acquiring an additional 1,677 shares during the last quarter.

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.