iShares International Dividend Growth ETF (BATS:IGRO) Hits New 52-Week High – What’s Next?

Shares of iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high on Monday . The company traded as high as $68.09 and last traded at $68.80, with a volume of 41116 shares trading hands. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Up 4.2 %

The company has a market cap of $685.36 million, a PE ratio of 15.77 and a beta of 0.71. The firm has a 50 day simple moving average of $69.26 and a 200-day simple moving average of $70.81.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IGRO. Private Trust Co. NA boosted its stake in 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 acquiring an additional 397 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of iShares International Dividend Growth ETF by 95.4% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,057 shares of the company’s stock valued at $79,000 after purchasing an additional 516 shares during the last quarter. Prime Capital Investment Advisors LLC grew its stake in iShares International Dividend Growth ETF by 4.8% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 23,903 shares of the company’s stock worth $1,783,000 after buying an additional 1,092 shares during the last quarter. Sunbelt Securities Inc. grew its stake in iShares International Dividend Growth ETF by 8.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 35,168 shares of the company’s stock worth $2,623,000 after buying an additional 2,827 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in iShares International Dividend Growth ETF by 1.8% in the third quarter. Janney Montgomery Scott LLC now owns 169,378 shares of the company’s stock valued at $12,634,000 after buying an additional 3,025 shares during 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.