iShares International Select Dividend ETF (BATS:IDV) Reaches New 1-Year Low – Time to Sell?

iShares International Select Dividend ETF (BATS:IDV)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $28.39 and last traded at $28.25, with a volume of 931735 shares trading hands. The stock had previously closed at $28.50.

iShares International Select Dividend ETF Price Performance

The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 5.44 and a beta of 0.74. The stock has a 50-day moving average price of $28.76 and a 200-day moving average price of $28.89.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. First Command Advisory Services Inc. lifted its stake in shares of iShares International Select Dividend ETF by 13.9% during 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. Captrust Financial Advisors boosted its holdings in shares of iShares International Select Dividend ETF by 10.8% during the third quarter. Captrust Financial Advisors now owns 8,944 shares of the company’s stock worth $270,000 after acquiring an additional 871 shares during the period. Valeo Financial Advisors LLC grew its position in shares of iShares International Select Dividend ETF by 3.7% in the third quarter. Valeo Financial Advisors LLC now owns 10,007 shares of the company’s stock valued at $303,000 after purchasing an additional 360 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of iShares International Select Dividend ETF by 99.6% during the second 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 during the period. Finally, Moloney Securities Asset Management LLC lifted its holdings in iShares International Select Dividend ETF by 3.7% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 11,358 shares of the company’s stock worth $314,000 after purchasing an additional 410 shares during 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.