iShares International Dividend Growth ETF (BATS:IGRO) Hits New 52-Week High – Time to Buy?

iShares International Dividend Growth ETF (BATS:IGRO)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $93.57 and last traded at $93.5290, with a volume of 649 shares. The stock had previously closed at $91.81.

iShares International Dividend Growth ETF Stock Down 0.3%

The firm has a market capitalization of $1.43 billion, a PE ratio of 16.33 and a beta of 0.74. The company’s 50-day simple moving average is $91.13 and its 200 day simple moving average is $88.35.

Institutional Investors Weigh In On iShares International Dividend Growth ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Commonwealth Retirement Investments LLC purchased a new position in iShares International Dividend Growth ETF in the fourth quarter worth $41,000. Arax Advisory Partners acquired a new stake in shares of iShares International Dividend Growth ETF in the 4th quarter worth $86,000. Triumph Capital Management acquired a new stake in shares of iShares International Dividend Growth ETF in the 3rd quarter worth $108,000. Imprint Wealth LLC purchased a new position in iShares International Dividend Growth ETF during the 3rd quarter worth $235,000. Finally, Arkadios Wealth Advisors purchased a new position in iShares International Dividend Growth ETF during the 4th quarter worth $471,000.

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.