iShares International Select Dividend ETF (BATS:IDV) Hits New 52-Week Low – What’s Next?

iShares International Select Dividend ETF (BATS:IDV)’s share price hit a new 52-week low on Monday . The company traded as low as $29.55 and last traded at $29.74, with a volume of 335781 shares changing hands. The stock had previously closed at $29.57.

iShares International Select Dividend ETF Stock Performance

The firm’s 50-day simple moving average is $29.56 and its 200-day simple moving average is $28.84. The company has a market capitalization of $4.34 billion, a price-to-earnings ratio of 5.44 and a beta of 0.74.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Several hedge funds have recently made changes to their positions in the stock. First Command Advisory Services Inc. raised its holdings in iShares International Select Dividend ETF by 13.9% in the 2nd quarter. First Command Advisory Services Inc. now owns 5,475 shares of the company’s stock valued at $151,000 after acquiring an additional 670 shares in the last quarter. Valeo Financial Advisors LLC raised its stake in shares of iShares International Select Dividend ETF by 3.7% in the third quarter. Valeo Financial Advisors LLC now owns 10,007 shares of the company’s stock valued at $303,000 after purchasing an additional 360 shares in the last quarter. Stolper Co lifted its position in iShares International Select Dividend ETF by 2.6% in the first quarter. Stolper Co now owns 36,352 shares of the company’s stock worth $1,019,000 after purchasing an additional 921 shares during the period. Farther Finance Advisors LLC boosted its stake in iShares International Select Dividend ETF by 99.6% during the second quarter. Farther Finance Advisors LLC now owns 11,183 shares of the company’s stock worth $312,000 after buying an additional 5,580 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in iShares International Select Dividend ETF by 2.0% during the second quarter. EverSource Wealth Advisors LLC now owns 117,416 shares of the company’s stock worth $3,403,000 after buying an additional 2,280 shares in the last quarter.

iShares International Select Dividend ETF Company Profile

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.