iShares International Dividend Growth ETF (BATS:IGRO) Reaches New 52-Week High – Time to Buy?

iShares International Dividend Growth ETF (BATS:IGRO)’s stock price hit a new 52-week high on Monday . The company traded as high as $68.09 and last traded at $72.01, with a volume of 41116 shares traded. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Performance

The company has a market capitalization of $1.00 billion, a PE ratio of 17.78 and a beta of 0.83. The company’s 50-day simple moving average is $69.56 and its 200-day simple moving average is $71.09.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its position in iShares International Dividend Growth ETF by 1.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 169,378 shares of the company’s stock worth $12,634,000 after acquiring an additional 3,025 shares during the period. Lynx Investment Advisory grew its position in iShares International Dividend Growth ETF by 13.8% in the 3rd quarter. Lynx Investment Advisory now owns 53,401 shares of the company’s stock valued at $3,983,000 after buying an additional 6,490 shares during the last quarter. Prime Capital Investment Advisors LLC increased its stake in iShares International Dividend Growth ETF by 4.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 23,903 shares of the company’s stock valued at $1,783,000 after buying an additional 1,092 shares during the period. First Horizon Advisors Inc. raised its position in 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 worth $79,000 after buying an additional 516 shares during the last quarter. Finally, Icon Wealth Advisors LLC lifted its stake in shares of iShares International Dividend Growth ETF by 1,298.8% in 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.

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.