iShares International Select Dividend ETF (BATS:IDV) Sets New 12-Month Low – What’s Next?

Shares of iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week low during trading on Monday . The stock traded as low as $28.76 and last traded at $28.89, with a volume of 526848 shares changing hands. The stock had previously closed at $28.81.

iShares International Select Dividend ETF Stock Down 0.3 %

The company has a market capitalization of $4.19 billion, a P/E ratio of 5.44 and a beta of 0.74. The business’s 50-day moving average is $28.89 and its two-hundred day moving average is $28.93.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Arkadios Wealth Advisors bought a new stake in iShares International Select Dividend ETF during the third quarter worth $20,419,000. TD Private Client Wealth LLC grew its position in iShares International Select Dividend ETF by 1.1% during the third quarter. TD Private Client Wealth LLC now owns 280,406 shares of the company’s stock valued at $8,477,000 after buying an additional 3,163 shares during the period. Heartwood Wealth Advisors LLC raised its position in iShares International Select Dividend ETF by 3.1% in the third quarter. Heartwood Wealth Advisors LLC now owns 135,181 shares of the company’s stock worth $4,087,000 after acquiring an additional 4,040 shares during the period. EverSource Wealth Advisors LLC boosted its stake in iShares International Select Dividend ETF by 2.0% in the second quarter. EverSource Wealth Advisors LLC now owns 117,416 shares of the company’s stock valued at $3,403,000 after acquiring an additional 2,280 shares during the last quarter. Finally, One Capital Management LLC bought a new position in shares of iShares International Select Dividend ETF during the 2nd quarter valued at approximately $2,705,000.

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.