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

iShares International Select Dividend ETF (BATS:IDV)’s share price hit a new 52-week low on Monday . The stock traded as low as $29.55 and last traded at $29.37, with a volume of 341923 shares trading hands. The stock had previously closed at $29.67.

iShares International Select Dividend ETF Stock Down 0.4 %

The company has a 50 day moving average of $29.69 and a two-hundred day moving average of $28.89. The firm has a market cap of $4.26 billion, a P/E ratio of 5.44 and a beta of 0.74.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Large investors have recently made changes to their positions in the business. First Command Advisory Services Inc. boosted 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 acquiring an additional 670 shares in the last quarter. Burke & Herbert Bank & Trust Co. purchased a new stake in shares of iShares International Select Dividend ETF during the second quarter valued at $232,000. Valeo Financial Advisors LLC boosted its position in shares of iShares International Select Dividend ETF by 3.7% in the 3rd 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 period. Farther Finance Advisors LLC increased its stake in 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 raised 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 buying an additional 410 shares during the period.

About iShares International Select Dividend ETF

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.