iShares International Select Dividend ETF (BATS:IDV) Hits New 12-Month Low – Should You Sell?

iShares International Select Dividend ETF (BATS:IDV)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $28.33 and last traded at $28.39, with a volume of 523890 shares trading hands. The stock had previously closed at $28.27.

iShares International Select Dividend ETF Stock Performance

The business has a 50 day moving average of $29.19 and a two-hundred day moving average of $29.00. The firm has a market capitalization of $4.17 billion, a price-to-earnings ratio of 5.44 and a beta of 0.74.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IDV. First Command Advisory Services Inc. raised its stake in shares of 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 worth $151,000 after purchasing an additional 670 shares during the last quarter. Burke & Herbert Bank & Trust Co. bought a new position in iShares International Select Dividend ETF during the 2nd quarter valued at $232,000. Captrust Financial Advisors lifted its stake in iShares International Select Dividend ETF by 10.8% during the 3rd quarter. Captrust Financial Advisors now owns 8,944 shares of the company’s stock valued at $270,000 after acquiring an additional 871 shares in the last quarter. Valeo Financial Advisors LLC boosted its holdings in 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 worth $303,000 after acquiring an additional 360 shares during the last quarter. Finally, 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 worth $312,000 after acquiring an additional 5,580 shares in the last quarter.

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.