iShares International Dividend Growth ETF (BATS:IGRO) Reaches New 52-Week High – Here’s What Happened

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

iShares International Dividend Growth ETF Stock Up 1.6 %

The company’s fifty day simple moving average is $69.39 and its two-hundred day simple moving average is $70.75. The company has a market capitalization of $668.52 million, a price-to-earnings ratio of 15.77 and a beta of 0.71.

Institutional Trading of iShares International Dividend Growth ETF

Several hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in iShares International Dividend Growth ETF by 50.9% in the third quarter. JPMorgan Chase & Co. now owns 259,532 shares of the company’s stock valued at $19,359,000 after acquiring an additional 87,583 shares during the period. Janney Montgomery Scott LLC grew its position in shares of iShares International Dividend Growth ETF by 1.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 169,378 shares of the company’s stock valued at $12,634,000 after purchasing an additional 3,025 shares during the period. Confluence Wealth Services Inc. increased its stake in iShares International Dividend Growth ETF by 7.5% during the 3rd quarter. Confluence Wealth Services Inc. now owns 118,756 shares of the company’s stock worth $8,858,000 after purchasing an additional 8,316 shares in the last quarter. Icon Wealth Advisors LLC raised its holdings in iShares International Dividend Growth ETF by 1,298.8% during the 3rd quarter. Icon Wealth Advisors LLC now owns 112,672 shares of the company’s stock worth $8,404,000 after buying an additional 104,617 shares during the period. Finally, Captrust Financial Advisors raised its holdings in iShares International Dividend Growth ETF by 1,162.4% during the 3rd quarter. Captrust Financial Advisors now owns 60,545 shares of the company’s stock worth $4,516,000 after buying an additional 55,749 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.