iShares International Dividend Growth ETF (BATS:IGRO) Reaches New 52-Week High – Time to Buy?

iShares International Dividend Growth ETF (BATS:IGRO) reached a new 52-week high during trading on Wednesday. The stock traded as high as $94.03 and last traded at $93.88, with a volume of 927 shares trading hands. The stock had previously closed at $92.57.

iShares International Dividend Growth ETF Trading Up 2.6%

The company’s 50 day moving average price is $90.88 and its two-hundred day moving average price is $88.62. The stock has a market cap of $1.44 billion, a P/E ratio of 16.33 and a beta of 0.74.

Institutional Trading of iShares International Dividend Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IGRO. Farther Finance Advisors LLC grew its position in shares of iShares International Dividend Growth ETF by 12.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,194 shares of the company’s stock valued at $283,000 after acquiring an additional 360 shares during the period. Arkadios Wealth Advisors increased its stake in shares of iShares International Dividend Growth ETF by 32.0% in the 1st quarter. Arkadios Wealth Advisors now owns 7,514 shares of the company’s stock worth $629,000 after purchasing an additional 1,823 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in iShares International Dividend Growth ETF by 11.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,508 shares of the company’s stock worth $964,000 after purchasing an additional 1,143 shares during the period. Bank of New York Mellon Corp raised its holdings in iShares International Dividend Growth ETF by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 14,847 shares of the company’s stock worth $1,244,000 after purchasing an additional 2,849 shares during the period. Finally, Sunbelt Securities Inc. lifted its position in iShares International Dividend Growth ETF by 1.0% during the first quarter. Sunbelt Securities Inc. now owns 45,510 shares of the company’s stock valued at $3,812,000 after purchasing an additional 443 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.