iShares International Select Dividend ETF (BATS:IDV) Hits New 12-Month Low – Should You Sell?

iShares International Select Dividend ETF (BATS:IDV)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $27.53 and last traded at $30.05, with a volume of 516969 shares changing hands. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Stock Performance

The business has a 50-day simple moving average of $28.36 and a 200 day simple moving average of $28.84. The firm has a market cap of $4.23 billion, a P/E ratio of 9.91 and a beta of 0.92.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several hedge funds have recently made changes to their positions in the business. Putney Financial Group LLC bought a new stake in iShares International Select Dividend ETF in the fourth quarter valued at $45,000. Colonial Trust Co SC raised its holdings in iShares International Select Dividend ETF by 385.7% in the 4th quarter. Colonial Trust Co SC now owns 2,137 shares of the company’s stock worth $59,000 after purchasing an additional 1,697 shares in the last quarter. 10Elms LLP purchased a new stake in shares of iShares International Select Dividend ETF in the 4th quarter worth about $96,000. Cullen Frost Bankers Inc. boosted its stake in shares of iShares International Select Dividend ETF by 961.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,874 shares of the company’s stock valued at $133,000 after purchasing an additional 4,415 shares in the last quarter. Finally, AlphaMark Advisors LLC bought a new stake in shares of iShares International Select Dividend ETF during the 4th quarter valued at about $198,000.

About iShares International Select Dividend ETF

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.