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

iShares International Dividend Growth ETF (BATS:IGRO) shares hit a new 52-week high during trading on Monday . The company traded as high as $73.91 and last traded at $72.99, with a volume of 34845 shares changing hands. The stock had previously closed at $73.75.

iShares International Dividend Growth ETF Stock Down 1.0 %

The stock’s 50-day simple moving average is $72.82 and its 200 day simple moving average is $69.44. The firm has a market cap of $715.25 million, a P/E ratio of 15.77 and a beta of 0.71.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

A number of hedge funds have recently modified their holdings of IGRO. Fifth Third Securities Inc. boosted its stake in shares of iShares International Dividend Growth ETF by 12.5% in the second quarter. Fifth Third Securities Inc. now owns 113,257 shares of the company’s stock valued at $7,634,000 after purchasing an additional 12,595 shares during the period. Confluence Wealth Services Inc. raised its holdings in iShares International Dividend Growth ETF by 5.0% in the second quarter. Confluence Wealth Services Inc. now owns 110,440 shares of the company’s stock valued at $7,444,000 after acquiring an additional 5,259 shares in the last quarter. Lynx Investment Advisory acquired a new stake in iShares International Dividend Growth ETF in the second quarter valued at approximately $3,162,000. Sunbelt Securities Inc. raised its holdings in iShares International Dividend Growth ETF by 5.5% in the second 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 in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in iShares International Dividend Growth ETF by 25.8% in the second 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.

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.