iShares International Select Dividend ETF (BATS:IDV) Reaches New 52-Week Low – Time to Sell?

iShares International Select Dividend ETF (BATS:IDV)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $27.53 and last traded at $28.86, with a volume of 516969 shares traded. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Trading Up 6.4 %

The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 5.44 and a beta of 0.74. The firm has a 50 day moving average price of $27.95 and a two-hundred day moving average price of $28.73.

Hedge Funds Weigh In On iShares International Select Dividend ETF

A number of hedge funds have recently made changes to their positions in the business. Cullen Frost Bankers Inc. boosted its position in iShares International Select Dividend ETF by 961.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,874 shares of the company’s stock worth $133,000 after purchasing an additional 4,415 shares during the period. AlphaMark Advisors LLC acquired a new position in shares of iShares International Select Dividend ETF during the fourth quarter worth about $198,000. Crews Bank & Trust acquired a new position in shares of iShares International Select Dividend ETF during the fourth quarter worth about $242,000. Captrust Financial Advisors boosted its position in shares of iShares International Select Dividend ETF by 10.8% in the third quarter. Captrust Financial Advisors now owns 8,944 shares of the company’s stock worth $270,000 after buying an additional 871 shares during the period. Finally, Edge Capital Group LLC grew its stake in shares of iShares International Select Dividend ETF by 37.5% in the fourth quarter. Edge Capital Group LLC now owns 9,413 shares of the company’s stock valued at $258,000 after buying an additional 2,569 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.