iShares International Dividend Growth ETF (BATS:IGRO) Sets New 12-Month High – Time to Buy?

iShares International Dividend Growth ETF (BATS:IGRO)’s share price reached a new 52-week high on Monday . The company traded as high as $68.09 and last traded at $72.01, with a volume of 41116 shares traded. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Up 7.5 %

The company has a 50-day moving average price of $69.42 and a 200-day moving average price of $71.07. The company has a market capitalization of $707.41 million, a price-to-earnings ratio of 15.77 and a beta of 0.71.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Millstone Evans Group LLC acquired a new position in shares of iShares International Dividend Growth ETF in the 4th quarter worth approximately $59,000. First Horizon Advisors Inc. boosted its stake in 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 purchasing an additional 516 shares in the last quarter. Jones Financial Companies Lllp bought a new stake in shares of iShares International Dividend Growth ETF during the fourth quarter worth $603,000. Private Trust Co. NA increased its stake in shares of iShares International Dividend Growth ETF by 3.9% in the third quarter. Private Trust Co. NA now owns 10,521 shares of the company’s stock valued at $785,000 after buying an additional 397 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC increased its stake in shares of iShares International Dividend Growth ETF by 4.8% in the third quarter. Prime Capital Investment Advisors LLC now owns 23,903 shares of the company’s stock valued at $1,783,000 after buying an additional 1,092 shares in 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.