iShares International Select Dividend ETF (BATS:IDV) Reaches New 52-Week Low – Here’s Why

iShares International Select Dividend ETF (BATS:IDV)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $29.09 and last traded at $29.22, with a volume of 242417 shares changing hands. The stock had previously closed at $29.07.

iShares International Select Dividend ETF Trading Down 0.3 %

The firm has a market cap of $4.23 billion, a P/E ratio of 5.44 and a beta of 0.74. The business’s fifty day simple moving average is $29.70 and its 200-day simple moving average is $28.94.

Institutional Investors Weigh In On iShares International Select Dividend ETF

A number of large investors have recently made changes to their positions in the business. First Command Advisory Services Inc. grew its stake in shares of iShares International Select Dividend ETF by 13.9% in the 2nd quarter. First Command Advisory Services Inc. now owns 5,475 shares of the company’s stock worth $151,000 after buying an additional 670 shares during the last quarter. Burke & Herbert Bank & Trust Co. bought a new position in iShares International Select Dividend ETF in the second quarter valued at about $232,000. Valeo Financial Advisors LLC grew its position in iShares International Select Dividend ETF by 3.7% during the third quarter. Valeo Financial Advisors LLC now owns 10,007 shares of the company’s stock valued at $303,000 after buying an additional 360 shares during the period. Farther Finance Advisors LLC increased its stake in shares of iShares International Select Dividend ETF by 99.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 11,183 shares of the company’s stock worth $312,000 after purchasing an additional 5,580 shares in the last quarter. Finally, Moloney Securities Asset Management LLC increased its position in iShares International Select Dividend ETF by 3.7% in the second quarter. Moloney Securities Asset Management LLC now owns 11,358 shares of the company’s stock worth $314,000 after buying an additional 410 shares in the last quarter.

iShares International Select Dividend ETF Company Profile

iShares International Select Dividend ETF, formerly iShares Dow Jones International Select Dividend Index Fund, seeks investment results that correspond to the price and yield performance of the Dow Jones EPAC Select Dividend Index (the Index). The Index measures the performance of a selected group of equity securities issued by companies that have provided relatively high dividend yields on a consistent basis over time.