iShares International Developed Real Estate ETF (NASDAQ:IFGL) Shares Up 0.2% – Here’s Why

Shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL – Get Free Report) rose 0.2% during mid-day trading on Tuesday. The stock traded as high as $20.49 and last traded at $20.39. 10,900 shares were traded during trading, a decline of 15% from the average session volume of 12,753 shares. The stock had previously closed at $20.35.

iShares International Developed Real Estate ETF Stock Performance

The stock has a market capitalization of $75.44 million, a P/E ratio of 20.34 and a beta of 0.79. The firm has a 50-day moving average price of $22.11 and a 200 day moving average price of $22.61.

iShares International Developed Real Estate ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were paid a $0.2020 dividend. This is a decrease from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.3198. This represents a $0.81 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Tuesday, September 15th.

iShares International Developed Real Estate ETF Company Profile

(Get Free Report)

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.

Further Reading

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