iShares International Select Dividend ETF (BATS:IDV) Reaches New 12-Month High – Should You Buy?

iShares International Select Dividend ETF (BATS:IDV) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $43.34 and last traded at $43.3250, with a volume of 1176429 shares. The stock had previously closed at $42.93.

iShares International Select Dividend ETF Stock Performance

The firm has a market capitalization of $6.68 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. The business’s 50 day moving average is $40.22 and its 200-day moving average is $37.99.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Large investors have recently made changes to their positions in the business. Private Trust Co. NA grew its holdings in iShares International Select Dividend ETF by 6.0% in the 2nd quarter. Private Trust Co. NA now owns 5,182 shares of the company’s stock valued at $179,000 after buying an additional 292 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its position in shares of iShares International Select Dividend ETF by 1.7% in the third quarter. Prime Capital Investment Advisors LLC now owns 25,715 shares of the company’s stock valued at $940,000 after acquiring an additional 426 shares during the period. Leavell Investment Management Inc. grew its stake in shares of iShares International Select Dividend ETF by 1.8% in the third quarter. Leavell Investment Management Inc. now owns 24,038 shares of the company’s stock worth $879,000 after acquiring an additional 430 shares during the last quarter. Planned Solutions Inc. grew its stake in shares of iShares International Select Dividend ETF by 2.4% in the third quarter. Planned Solutions Inc. now owns 20,735 shares of the company’s stock worth $758,000 after acquiring an additional 489 shares during the last quarter. Finally, Cahill Financial Advisors Inc. increased its position in iShares International Select Dividend ETF by 2.9% during the third quarter. Cahill Financial Advisors Inc. now owns 17,648 shares of the company’s stock worth $645,000 after acquiring an additional 501 shares during the period.

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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones World Developed-Ex.