iShares International Dividend Growth ETF (BATS:IGRO) Trading Up 25.5% – Still a Buy?

Shares of iShares International Dividend Growth ETF (BATS:IGRO) shot up 25.5% on Tuesday . The stock traded as high as $68.09 and last traded at $84.26. 41,116 shares were traded during trading, a decline of 44% from the average session volume of 72,926 shares. The stock had previously closed at $67.12.

iShares International Dividend Growth ETF Stock Performance

The business’s 50 day moving average price is $82.39 and its 200-day moving average price is $80.25. The firm has a market capitalization of $1.28 billion, a PE ratio of 16.33 and a beta of 0.74.

Institutional Trading of iShares International Dividend Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in iShares International Dividend Growth ETF during the second quarter worth about $154,000. Janney Montgomery Scott LLC boosted its stake in shares of iShares International Dividend Growth ETF by 0.8% in the second quarter. Janney Montgomery Scott LLC now owns 175,680 shares of the company’s stock valued at $13,859,000 after purchasing an additional 1,392 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in shares of iShares International Dividend Growth ETF by 19.6% in the second quarter. Prime Capital Investment Advisors LLC now owns 40,405 shares of the company’s stock valued at $3,188,000 after purchasing an additional 6,633 shares in the last quarter. Lynx Investment Advisory grew its holdings in shares of iShares International Dividend Growth ETF by 14.8% in the second quarter. Lynx Investment Advisory now owns 72,615 shares of the company’s stock valued at $5,729,000 after purchasing an additional 9,374 shares in the last quarter. Finally, Lowe Wealth Advisors LLC increased its stake in iShares International Dividend Growth ETF by 13.0% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 71,336 shares of the company’s stock worth $5,683,000 after buying an additional 8,191 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.