iShares International Dividend Growth ETF (BATS:IGRO) Sets New 52-Week High – Should You Buy?

iShares International Dividend Growth ETF (BATS:IGRO) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $90.80 and last traded at $90.79, with a volume of 3976 shares trading hands. The stock had previously closed at $89.16.

iShares International Dividend Growth ETF Price Performance

The stock’s fifty day moving average is $88.49 and its 200-day moving average is $87.05. The stock has a market capitalization of $1.38 billion, a PE ratio of 16.33 and a beta of 0.74.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Commonwealth Retirement Investments LLC purchased a new stake in shares of iShares International Dividend Growth ETF during the 4th quarter worth about $41,000. Arax Advisory Partners acquired a new stake in shares of iShares International Dividend Growth ETF during the 4th quarter valued at about $86,000. Triumph Capital Management purchased a new position in shares of iShares International Dividend Growth ETF in the 3rd quarter valued at about $108,000. Imprint Wealth LLC acquired a new position in iShares International Dividend Growth ETF in the 3rd quarter worth about $235,000. Finally, Farther Finance Advisors LLC raised its holdings in iShares International Dividend Growth ETF by 26.0% in the 4th quarter. Farther Finance Advisors LLC now owns 5,661 shares of the company’s stock worth $469,000 after purchasing an additional 1,169 shares during the period.

About iShares International Dividend Growth ETF

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.