iShares International Select Dividend ETF (BATS:IDV) Sets New 1-Year 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 stock traded as low as $27.53 and last traded at $27.89, with a volume of 516969 shares changing hands. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Trading Up 4.3 %

The firm’s 50-day moving average price is $27.93 and its two-hundred day moving average price is $28.72. The stock has a market cap of $4.16 billion, a PE ratio of 5.44 and a beta of 0.74.

Institutional Trading of iShares International Select Dividend ETF

A number of hedge funds have recently bought and sold shares of the stock. Arkadios Wealth Advisors acquired a new stake in iShares International Select Dividend ETF in the third quarter valued at approximately $20,419,000. JPMorgan Chase & Co. lifted its holdings in shares of iShares International Select Dividend ETF by 6.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 909,235 shares of the company’s stock valued at $27,486,000 after purchasing an additional 54,680 shares during the last quarter. AdvisorNet Financial Inc boosted its position in shares of iShares International Select Dividend ETF by 16.4% in the 4th quarter. AdvisorNet Financial Inc now owns 229,604 shares of the company’s stock worth $6,287,000 after purchasing an additional 32,333 shares in the last quarter. MorganRosel Wealth Management LLC purchased a new position in iShares International Select Dividend ETF during the 4th quarter worth $348,000. Finally, Bank of New York Mellon Corp increased its position in iShares International Select Dividend ETF by 0.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,656,146 shares of the company’s stock valued at $45,345,000 after buying an additional 10,302 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.