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

iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $68.09 and last traded at $68.80, with a volume of 41116 shares trading hands. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Up 4.2 %

The firm has a 50 day moving average of $69.26 and a 200-day moving average of $70.81. The company has a market cap of $685.36 million, a P/E ratio of 15.77 and a beta of 0.71.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Several hedge funds have recently made changes to their positions in IGRO. Private Trust Co. NA lifted its stake in iShares International Dividend Growth ETF by 3.9% in the third quarter. Private Trust Co. NA now owns 10,521 shares of the company’s stock worth $785,000 after acquiring an additional 397 shares during the period. First Horizon Advisors Inc. lifted its position in shares of iShares International Dividend Growth ETF by 95.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,057 shares of the company’s stock worth $79,000 after purchasing an additional 516 shares during the period. Prime Capital Investment Advisors LLC boosted its stake in shares of iShares International Dividend Growth ETF by 4.8% during the third 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 in the last quarter. Sunbelt Securities Inc. increased its holdings in iShares International Dividend Growth ETF by 8.7% during the third quarter. Sunbelt Securities Inc. now owns 35,168 shares of the company’s stock valued at $2,623,000 after buying an additional 2,827 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in iShares International Dividend Growth ETF by 1.8% during the third quarter. Janney Montgomery Scott LLC now owns 169,378 shares of the company’s stock valued at $12,634,000 after buying an additional 3,025 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.