iShares International Dividend Growth ETF (BATS:IGRO) Stock Price Down 0.1% – Here’s Why

iShares International Dividend Growth ETF (BATS:IGRO) shares dropped 0.1% during trading on Monday . The company traded as low as $67.75 and last traded at $68.02. Approximately 60,787 shares changed hands during mid-day trading, The stock had previously closed at $68.11.

iShares International Dividend Growth ETF Stock Performance

The company has a market capitalization of $669.93 million, a PE ratio of 15.77 and a beta of 0.71. The firm has a fifty day simple moving average of $70.04 and a 200-day simple moving average of $70.76.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Private Trust Co. NA lifted its stake in iShares International Dividend Growth ETF by 3.9% in the third quarter. Private Trust Co. NA now owns 10,521 shares of the company’s stock valued at $785,000 after buying an additional 397 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of iShares International Dividend Growth ETF by 95.4% during the third quarter. First Horizon Advisors Inc. now owns 1,057 shares of the company’s stock valued at $79,000 after buying an additional 516 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in iShares International Dividend Growth ETF by 4.8% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 23,903 shares of the company’s stock valued at $1,783,000 after acquiring an additional 1,092 shares during the period. Sunbelt Securities Inc. grew its stake in shares of 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 purchasing an additional 1,677 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares International Dividend Growth ETF by 1.8% during the third 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.

iShares International Dividend Growth ETF Company Profile

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.