iShares International Dividend Growth ETF (BATS:IGRO) Sets New 1-Year High – Still a Buy?

iShares International Dividend Growth ETF (BATS:IGRO) reached a new 52-week high during trading on Monday . The company traded as high as $68.09 and last traded at $71.29, with a volume of 41116 shares trading hands. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Trading Up 6.3 %

The firm has a 50-day moving average price of $69.19 and a 200-day moving average price of $70.98. The company has a market capitalization of $698.99 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

A number of institutional investors and hedge funds have recently modified their holdings of IGRO. Sunbelt Securities Inc. lifted its position in shares of iShares International Dividend Growth ETF by 7.2% in the fourth quarter. Sunbelt Securities Inc. now owns 37,714 shares of the company’s stock worth $2,556,000 after purchasing an additional 2,546 shares in the last quarter. Captrust Financial Advisors increased its stake in iShares International Dividend Growth ETF by 19.9% in the 4th quarter. Captrust Financial Advisors now owns 72,615 shares of the company’s stock valued at $4,935,000 after buying an additional 12,070 shares during the period. JPMorgan Chase & Co. lifted its position in iShares International Dividend Growth ETF by 3.5% in the 4th quarter. JPMorgan Chase & Co. now owns 268,731 shares of the company’s stock worth $18,263,000 after buying an additional 9,199 shares in the last quarter. Lynx Investment Advisory boosted its stake in shares of iShares International Dividend Growth ETF by 15.7% during the 4th quarter. Lynx Investment Advisory now owns 61,772 shares of the company’s stock valued at $4,198,000 after buying an additional 8,371 shares during the period. Finally, Millstone Evans Group LLC purchased a new position in shares of iShares International Dividend Growth ETF during the 4th quarter valued at $59,000.

iShares International Dividend Growth ETF Company Profile

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.