iShares International Dividend Growth ETF (BATS:IGRO) Hits New 12-Month High – Time to Buy?

iShares International Dividend Growth ETF (BATS:IGRO) hit a new 52-week high on Wednesday . The company traded as high as $68.09 and last traded at $69.37, with a volume of 41116 shares changing hands. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Performance

The firm has a market capitalization of $679.50 million, a P/E ratio of 15.77 and a beta of 0.71. The stock has a fifty day moving average price of $69.28 and a two-hundred day moving average price of $70.78.

Institutional Trading of iShares International Dividend Growth ETF

Several institutional investors have recently added to or reduced their stakes in IGRO. JPMorgan Chase & Co. boosted its holdings in shares of iShares International Dividend Growth ETF by 50.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 259,532 shares of the company’s stock valued at $19,359,000 after buying an additional 87,583 shares during the period. Sunbelt Securities Inc. lifted its holdings in 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. Lowe Wealth Advisors LLC boosted its stake in iShares International Dividend Growth ETF by 828.8% in the third quarter. Lowe Wealth Advisors LLC now owns 9,650 shares of the company’s stock valued at $720,000 after acquiring an additional 8,611 shares during the period. Confluence Wealth Services Inc. grew its holdings in shares of iShares International Dividend Growth ETF by 7.5% during the third quarter. Confluence Wealth Services Inc. now owns 118,756 shares of the company’s stock valued at $8,858,000 after purchasing an additional 8,316 shares during the last quarter. Finally, Lynx Investment Advisory lifted its holdings in shares of iShares International Dividend Growth ETF by 13.8% in the 3rd quarter. Lynx Investment Advisory now owns 53,401 shares of the company’s stock worth $3,983,000 after purchasing an additional 6,490 shares during the last quarter.

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.