iShares International Dividend Growth ETF (BATS:IGRO) Hits New 52-Week High – Still a Buy?

by · The Cerbat Gem

iShares International Dividend Growth ETF (BATS:IGRO – Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $73.91 and last traded at $72.99, with a volume of 34845 shares. The stock had previously closed at $73.75.

iShares International Dividend Growth ETF Price Performance

The firm has a market cap of $704.52 million, a price-to-earnings ratio of 15.77 and a beta of 0.71. The business’s 50-day moving average price is $72.97 and its two-hundred day moving average price is $69.53.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IGRO. Lowe Wealth Advisors LLC acquired a new position in iShares International Dividend Growth ETF in the second quarter valued at $70,000. Comerica Bank grew its holdings in iShares International Dividend Growth ETF by 42.5% in the 1st quarter. Comerica Bank now owns 2,836 shares of the company’s stock valued at $191,000 after buying an additional 846 shares during the period. ORG Partners LLC acquired a new position in shares of iShares International Dividend Growth ETF during the 2nd quarter valued at about $554,000. Prime Capital Investment Advisors LLC lifted its holdings in shares of iShares International Dividend Growth ETF by 25.8% during the 2nd quarter. Prime Capital Investment Advisors LLC now owns 22,811 shares of the company’s stock worth $1,537,000 after acquiring an additional 4,672 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in shares of iShares International Dividend Growth ETF by 5.5% in the second quarter. Sunbelt Securities Inc. now owns 32,341 shares of the company’s stock worth $2,180,000 after acquiring an additional 1,677 shares during the last quarter.

iShares International Dividend Growth ETF Company Profile

(Get Free Report)

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.

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