iShares International Select Dividend ETF (BATS:IDV) Reaches New 12-Month Low – Here’s Why

iShares International Select Dividend ETF (BATS:IDV)’s share price hit a new 52-week low on Monday . The stock traded as low as $28.39 and last traded at $28.25, with a volume of 931735 shares. The stock had previously closed at $28.50.

iShares International Select Dividend ETF Stock Performance

The stock’s fifty day simple moving average is $28.76 and its 200-day simple moving average is $28.89. The stock has a market cap of $4.04 billion, a P/E ratio of 5.44 and a beta of 0.74.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Institutional investors have recently made changes to their positions in the stock. First Command Advisory Services Inc. increased its stake in iShares International Select Dividend ETF by 13.9% during the 2nd quarter. First Command Advisory Services Inc. now owns 5,475 shares of the company’s stock worth $151,000 after acquiring an additional 670 shares during the period. Captrust Financial Advisors increased its position in shares of iShares International Select Dividend ETF by 10.8% in the third quarter. Captrust Financial Advisors now owns 8,944 shares of the company’s stock worth $270,000 after purchasing an additional 871 shares during the period. Valeo Financial Advisors LLC raised its stake in iShares International Select Dividend ETF by 3.7% in the third quarter. Valeo Financial Advisors LLC now owns 10,007 shares of the company’s stock valued at $303,000 after purchasing an additional 360 shares in the last quarter. Farther Finance Advisors LLC lifted its position in iShares International Select Dividend ETF by 99.6% during the second quarter. Farther Finance Advisors LLC now owns 11,183 shares of the company’s stock worth $312,000 after purchasing an additional 5,580 shares during the period. Finally, Moloney Securities Asset Management LLC grew its stake in iShares International Select Dividend ETF by 3.7% during the second quarter. Moloney Securities Asset Management LLC now owns 11,358 shares of the company’s stock worth $314,000 after buying an additional 410 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.