iShares International Dividend Growth ETF (BATS:IGRO) Sets New 52-Week High – Here’s Why

iShares International Dividend Growth ETF (BATS:IGRO) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $68.09 and last traded at $68.09, with a volume of 41116 shares traded. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Price Performance

The firm has a 50-day moving average of $69.39 and a 200 day moving average of $70.75. The stock has a market capitalization of $668.52 million, a price-to-earnings ratio of 15.77 and a beta of 0.71.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Lowe Wealth Advisors LLC increased its position in iShares International Dividend Growth ETF by 198.4% during the fourth quarter. Lowe Wealth Advisors LLC now owns 28,794 shares of the company’s stock worth $1,957,000 after buying an additional 19,144 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares International Dividend Growth ETF by 50.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 259,532 shares of the company’s stock worth $19,359,000 after acquiring an additional 87,583 shares during the period. Anchor Investment Management LLC acquired a new position in shares of iShares International Dividend Growth ETF during the 3rd quarter worth approximately $2,257,000. Sunbelt Securities Inc. raised its stake in iShares International Dividend Growth ETF by 8.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 35,168 shares of the company’s stock valued at $2,623,000 after acquiring an additional 2,827 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in iShares International Dividend Growth ETF by 1,162.4% during the 3rd quarter. Captrust Financial Advisors now owns 60,545 shares of the company’s stock valued at $4,516,000 after purchasing an additional 55,749 shares during 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.