iShares International Dividend Growth ETF (BATS:IGRO) Sets New 12-Month High – Should You Buy?

Shares of iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high during trading on Tuesday . The stock traded as high as $68.09 and last traded at $71.24, with a volume of 41116 shares changing hands. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Performance

The stock’s 50 day moving average price is $69.15 and its 200 day moving average price is $70.89. The company has a market capitalization of $696.78 million, a P/E ratio of 15.77 and a beta of 0.71.

Institutional Trading of iShares International Dividend Growth ETF

Several large investors have recently made changes to their positions in IGRO. Millstone Evans Group LLC acquired a new position in iShares International Dividend Growth ETF during the fourth quarter worth $59,000. First Horizon Advisors Inc. increased its position in shares of iShares International Dividend Growth ETF by 95.4% during the third 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. Jones Financial Companies Lllp acquired a new stake in shares of iShares International Dividend Growth ETF in the 4th quarter worth about $603,000. Private Trust Co. NA lifted its position in iShares International Dividend Growth ETF by 3.9% in the 3rd 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. Finally, Prime Capital Investment Advisors LLC boosted 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 valued at $1,783,000 after purchasing an additional 1,092 shares during the last quarter.

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.