iShares International Dividend Growth ETF (BATS:IGRO) Sets New 52-Week High – Should You Buy?

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

iShares International Dividend Growth ETF Stock Performance

The firm’s 50-day simple moving average is $71.54 and its 200-day simple moving average is $70.68. The company has a market capitalization of $694.77 million, a price-to-earnings ratio of 15.77 and a beta of 0.71.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

A number of hedge funds have recently modified their holdings of the company. First Horizon Advisors Inc. grew 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 during the period. Comerica Bank lifted its holdings in shares of iShares International Dividend Growth ETF by 42.5% during the first quarter. Comerica Bank now owns 2,836 shares of the company’s stock valued at $191,000 after purchasing an additional 846 shares in the last quarter. Lowe Wealth Advisors LLC grew its position 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 purchasing an additional 8,611 shares during the period. Private Trust Co. NA increased its position in shares of iShares International Dividend Growth ETF by 3.9% during the 3rd quarter. Private Trust Co. NA now owns 10,521 shares of the company’s stock valued at $785,000 after purchasing an additional 397 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in 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 worth $1,537,000 after purchasing an additional 4,672 shares during the period.

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.