iShares International Dividend Growth ETF (BATS:IGRO) Reaches New 1-Year High – Should You Buy?

iShares International Dividend Growth ETF (BATS:IGRO)’s stock price reached a new 52-week high on Wednesday. The company traded as high as $94.03 and last traded at $93.88, with a volume of 927 shares changing hands. The stock had previously closed at $92.57.

iShares International Dividend Growth ETF Stock Down 1.8%

The firm has a market cap of $1.42 billion, a PE ratio of 16.33 and a beta of 0.74. The firm’s 50 day moving average is $90.90 and its 200-day moving average is $88.71.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Confluence Wealth Services Inc. increased its stake in iShares International Dividend Growth ETF by 2.0% in the third quarter. Confluence Wealth Services Inc. now owns 144,815 shares of the company’s stock valued at $12,854,000 after purchasing an additional 2,853 shares during the last quarter. Lynx Investment Advisory lifted its position in iShares International Dividend Growth ETF by 4.2% during the third quarter. Lynx Investment Advisory now owns 104,031 shares of the company’s stock worth $9,234,000 after buying an additional 4,218 shares during the period. ADG Wealth Management Group LLC lifted its position in iShares International Dividend Growth ETF by 1.6% during the third quarter. ADG Wealth Management Group LLC now owns 64,683 shares of the company’s stock worth $5,741,000 after buying an additional 1,015 shares during the period. Farther Finance Advisors LLC boosted its stake in iShares International Dividend Growth ETF by 12.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,194 shares of the company’s stock worth $283,000 after buying an additional 360 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its stake in iShares International Dividend Growth ETF by 1.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 45,556 shares of the company’s stock worth $4,044,000 after buying an additional 593 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.