iShares International Select Dividend ETF (BATS:IDV) Hits New 1-Year Low – Should You Sell?

iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week low during trading on Monday . The company traded as low as $29.55 and last traded at $29.37, with a volume of 341923 shares. The stock had previously closed at $29.67.

iShares International Select Dividend ETF Stock Performance

The company has a market cap of $4.30 billion, a PE ratio of 5.44 and a beta of 0.74. The company has a 50 day simple moving average of $29.66 and a two-hundred day simple moving average of $28.87.

Hedge Funds Weigh In On iShares International Select Dividend ETF

A number of hedge funds have recently modified their holdings of the stock. First Command Advisory Services Inc. grew its stake in iShares International Select Dividend ETF by 13.9% in the second quarter. First Command Advisory Services Inc. now owns 5,475 shares of the company’s stock valued at $151,000 after purchasing an additional 670 shares in the last quarter. Valeo Financial Advisors LLC lifted its holdings in shares of iShares International Select Dividend ETF by 3.7% during the 3rd quarter. Valeo Financial Advisors LLC now owns 10,007 shares of the company’s stock valued at $303,000 after buying an additional 360 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares International Select Dividend ETF by 99.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 11,183 shares of the company’s stock valued at $312,000 after buying an additional 5,580 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings 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 worth $3,403,000 after buying an additional 2,280 shares during the last quarter. Finally, Burke & Herbert Bank & Trust Co. bought a new position in iShares International Select Dividend ETF during the second quarter valued at approximately $232,000.

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.