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

iShares International Dividend Growth ETF (BATS:IGRO)’s share price reached a new 52-week high on Monday . The company traded as high as $68.09 and last traded at $70.25, with a volume of 41116 shares. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Performance

The company’s 50 day simple moving average is $69.19 and its 200-day simple moving average is $70.84. The firm has a market capitalization of $689.04 million, a PE ratio of 15.77 and a beta of 0.71.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Millstone Evans Group LLC purchased a new position in iShares International Dividend Growth ETF during the fourth quarter worth about $59,000. First Horizon Advisors Inc. boosted its position in shares of iShares International Dividend Growth ETF by 95.4% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,057 shares of the company’s stock valued at $79,000 after acquiring an additional 516 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in shares of iShares International Dividend Growth ETF during the fourth quarter worth about $603,000. Private Trust Co. NA increased its position in shares of 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 purchasing an additional 397 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its stake in iShares International Dividend Growth ETF by 4.8% in 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.

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.