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 reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $68.09 and last traded at $72.01, with a volume of 41116 shares. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Trading Up 8.1 %

The firm has a market cap of $1.00 billion, a PE ratio of 17.78 and a beta of 0.83. The business has a fifty day moving average price of $69.56 and a 200 day moving average price of $71.09.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

Several hedge funds have recently added to or reduced their stakes in IGRO. Sunbelt Securities Inc. lifted its position in shares of iShares International Dividend Growth ETF by 7.2% during the 4th quarter. Sunbelt Securities Inc. now owns 37,714 shares of the company’s stock worth $2,556,000 after buying an additional 2,546 shares during the last quarter. Captrust Financial Advisors raised its stake in iShares International Dividend Growth ETF by 19.9% during the 4th quarter. Captrust Financial Advisors now owns 72,615 shares of the company’s stock worth $4,935,000 after acquiring an additional 12,070 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares International Dividend Growth ETF by 3.5% in the fourth quarter. JPMorgan Chase & Co. now owns 268,731 shares of the company’s stock valued at $18,263,000 after acquiring an additional 9,199 shares during the last quarter. Lynx Investment Advisory boosted its stake in iShares International Dividend Growth ETF by 15.7% in the fourth quarter. Lynx Investment Advisory now owns 61,772 shares of the company’s stock valued at $4,198,000 after acquiring an additional 8,371 shares in the last quarter. Finally, Millstone Evans Group LLC purchased a new position in shares of iShares International Dividend Growth ETF during the fourth quarter worth about $59,000.

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.