iShares International Select Dividend ETF (BATS:IDV) Reaches New 12-Month Low – Here’s What Happened

iShares International Select Dividend ETF (BATS:IDV)’s stock price reached a new 52-week low on Monday . The company traded as low as $27.53 and last traded at $28.86, with a volume of 516969 shares. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Stock Up 6.4 %

The stock’s 50 day moving average is $27.95 and its two-hundred day moving average is $28.73. The company has a market capitalization of $4.24 billion, a PE ratio of 5.44 and a beta of 0.74.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of IDV. Cullen Frost Bankers Inc. lifted its stake in iShares International Select Dividend ETF by 961.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 4,874 shares of the company’s stock valued at $133,000 after buying an additional 4,415 shares in the last quarter. AlphaMark Advisors LLC purchased a new stake in shares of iShares International Select Dividend ETF in the fourth quarter valued at $198,000. Crews Bank & Trust purchased a new stake in shares of iShares International Select Dividend ETF in the fourth quarter valued at $242,000. Captrust Financial Advisors boosted its stake 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 valued at $270,000 after acquiring an additional 871 shares during the last quarter. Finally, Edge Capital Group LLC increased its position in iShares International Select Dividend ETF by 37.5% during the 4th quarter. Edge Capital Group LLC now owns 9,413 shares of the company’s stock worth $258,000 after purchasing an additional 2,569 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.