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

iShares International Dividend Growth ETF (BATS:IGRO)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $92.74 and last traded at $92.53, with a volume of 5222 shares traded. The stock had previously closed at $92.13.

iShares International Dividend Growth ETF Trading Up 0.4%

The business has a 50 day moving average of $88.96 and a 200-day moving average of $87.40. The stock has a market cap of $1.41 billion, a PE ratio of 16.33 and a beta of 0.74.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

Institutional investors have recently made changes to their positions in the stock. Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares International Dividend Growth ETF in the fourth quarter valued at $41,000. Arax Advisory Partners purchased a new stake in iShares International Dividend Growth ETF during the 4th quarter worth about $86,000. Triumph Capital Management acquired a new position in iShares International Dividend Growth ETF in the 3rd quarter valued at about $108,000. Imprint Wealth LLC acquired a new position in iShares International Dividend Growth ETF in the 3rd quarter valued at about $235,000. Finally, Farther Finance Advisors LLC raised its stake in iShares International Dividend Growth ETF by 26.0% in the 4th quarter. Farther Finance Advisors LLC now owns 5,661 shares of the company’s stock valued at $469,000 after purchasing an additional 1,169 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.