iShares International Dividend Growth ETF (BATS:IGRO) Hits New 52-Week High – Here’s Why

iShares International Dividend Growth ETF (BATS:IGRO) reached a new 52-week high on Monday . The stock traded as high as $70.00 and last traded at $69.89, with a volume of 63893 shares traded. The stock had previously closed at $69.86.

iShares International Dividend Growth ETF Stock Performance

The stock has a market capitalization of $683.65 million, a P/E ratio of 15.77 and a beta of 0.71. The stock has a 50-day moving average price of $72.59 and a two-hundred day moving average price of $70.32.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. boosted its stake in shares of 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 valued at $2,623,000 after purchasing an additional 2,827 shares in the last quarter. Captrust Financial Advisors boosted its position in iShares International Dividend Growth ETF by 1,162.4% during the 3rd quarter. Captrust Financial Advisors now owns 60,545 shares of the company’s stock valued at $4,516,000 after acquiring an additional 55,749 shares in the last quarter. Private Trust Co. NA grew its holdings 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 worth $785,000 after acquiring an additional 397 shares during the period. Icon Wealth Advisors LLC grew its holdings in shares of iShares International Dividend Growth ETF by 1,298.8% during the 3rd quarter. Icon Wealth Advisors LLC now owns 112,672 shares of the company’s stock worth $8,404,000 after acquiring an additional 104,617 shares during the period. Finally, First Horizon Advisors Inc. raised its position in shares of iShares International Dividend Growth ETF by 95.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,057 shares of the company’s stock worth $79,000 after acquiring an additional 516 shares in 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.