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

Shares of iShares International Dividend Growth ETF (BATS:IGRO) reached a new 52-week high during trading on Wednesday . The stock traded as high as $89.71 and last traded at $89.47, with a volume of 6936 shares changing hands. The stock had previously closed at $89.31.

iShares International Dividend Growth ETF Stock Performance

The stock has a market cap of $1.37 billion, a PE ratio of 16.33 and a beta of 0.74. The company has a 50 day moving average of $85.63 and a two-hundred day moving average of $82.00.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

A number of hedge funds have recently made changes to their positions in IGRO. Steigerwald Gordon & Koch Inc. purchased a new position in iShares International Dividend Growth ETF in the 3rd quarter worth approximately $28,000. Commonwealth Retirement Investments LLC purchased a new position in iShares International Dividend Growth ETF during the fourth quarter worth about $41,000. Arax Advisory Partners purchased a new stake in shares of iShares International Dividend Growth ETF in the 4th quarter valued at approximately $86,000. Triumph Capital Management acquired a new stake in shares of iShares International Dividend Growth ETF during the 3rd quarter worth approximately $108,000. Finally, Cozad Asset Management Inc. purchased a new stake in shares of iShares International Dividend Growth ETF during the 2nd quarter valued at approximately $205,000.

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.