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

iShares International Select Dividend ETF (BATS:IDV)’s stock price hit a new 52-week low on Monday . The stock traded as low as $28.37 and last traded at $28.54, with a volume of 472391 shares changing hands. The stock had previously closed at $28.72.

iShares International Select Dividend ETF Price Performance

The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 5.44 and a beta of 0.74. The firm’s 50 day moving average price is $29.10 and its 200-day moving average price is $28.98.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kingswood Wealth Advisors LLC acquired a new position in shares of iShares International Select Dividend ETF during the 2nd quarter valued at $533,000. Lbmc Investment Advisors LLC raised its stake in iShares International Select Dividend ETF by 2.0% during the 2nd quarter. Lbmc Investment Advisors LLC now owns 21,547 shares of the company’s stock worth $596,000 after buying an additional 422 shares during the period. Burke & Herbert Bank & Trust Co. bought a new position in iShares International Select Dividend ETF in the second quarter worth approximately $232,000. Monetary Management Group Inc. grew its stake in iShares International Select Dividend ETF by 4.4% in the second quarter. Monetary Management Group Inc. now owns 23,500 shares of the company’s stock valued at $650,000 after acquiring an additional 1,000 shares during the period. Finally, AdvisorNet Financial Inc increased its holdings in shares of iShares International Select Dividend ETF by 4.6% during the second quarter. AdvisorNet Financial Inc now owns 171,653 shares of the company’s stock valued at $4,750,000 after acquiring an additional 7,483 shares in the last quarter.

iShares International Select Dividend ETF Company Profile

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.