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

Shares of iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high on Monday . The stock traded as high as $88.70 and last traded at $88.7990, with a volume of 32277 shares. The stock had previously closed at $88.00.

iShares International Dividend Growth ETF Stock Performance

The firm’s 50 day moving average is $84.01 and its 200-day moving average is $81.06. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

A number of institutional investors have recently made changes to their positions in the business. Steigerwald Gordon & Koch Inc. acquired a new position in shares of iShares International Dividend Growth ETF during the third quarter worth approximately $28,000. Cullen Frost Bankers Inc. bought a new position in shares of iShares International Dividend Growth ETF during the second quarter valued at $40,000. Triumph Capital Management bought a new position in iShares International Dividend Growth ETF during the 3rd quarter valued at about $108,000. Cozad Asset Management Inc. acquired a new position in shares of iShares International Dividend Growth ETF in the 2nd quarter worth approximately $205,000. Finally, Imprint Wealth LLC bought a new position in iShares International Dividend Growth ETF in the 3rd quarter valued at $235,000.

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.