iShares International Dividend Growth ETF (BATS:IGRO) Sees Significant Decline in Short Interest

iShares International Dividend Growth ETF (BATS:IGRO) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 9,919 shares, a decrease of 53.6% from the June 30th total of 21,380 shares. Based on an average daily volume of 32,648 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of iShares International Dividend Growth ETF

A number of hedge funds have recently added to or reduced their stakes in IGRO. Captrust Financial Advisors boosted its position in shares of iShares International Dividend Growth ETF by 6.7% in the second quarter. Captrust Financial Advisors now owns 75,155 shares of the company’s stock worth $5,929,000 after acquiring an additional 4,748 shares during the last quarter. Imprint Wealth LLC acquired a new position in iShares International Dividend Growth ETF during the third quarter worth approximately $235,000. Triumph Capital Management purchased a new position in iShares International Dividend Growth ETF during the third quarter worth approximately $108,000. Prime Capital Investment Advisors LLC raised its stake in iShares International Dividend Growth ETF by 6.9% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 44,287 shares of the company’s stock worth $3,666,000 after purchasing an additional 2,864 shares during the period. Finally, Fifth Third Securities Inc. boosted its holdings in shares of iShares International Dividend Growth ETF by 4.1% in the 4th quarter. Fifth Third Securities Inc. now owns 149,024 shares of the company’s stock valued at $12,335,000 after purchasing an additional 5,909 shares during the last quarter.

iShares International Dividend Growth ETF Stock Up 0.9%

IGRO stock opened at $90.74 on Tuesday. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74. iShares International Dividend Growth ETF has a 52-week low of $75.66 and a 52-week high of $90.82. The stock’s fifty day simple moving average is $88.55 and its 200-day simple moving average is $87.10.

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.