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

iShares International Select Dividend ETF (BATS:IDV)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $45.21 and last traded at $45.07, with a volume of 395693 shares changing hands. The stock had previously closed at $44.72.

iShares International Select Dividend ETF Stock Performance

The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. The company’s 50 day simple moving average is $43.25 and its 200 day simple moving average is $41.35.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several large investors have recently bought and sold shares of IDV. JPMorgan Chase & Co. grew its stake in shares of iShares International Select Dividend ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,009,558 shares of the company’s stock worth $36,899,000 after purchasing an additional 22,186 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of iShares International Select Dividend ETF by 5.8% in the 3rd quarter. Arkadios Wealth Advisors now owns 718,900 shares of the company’s stock worth $26,276,000 after purchasing an additional 39,121 shares during the last quarter. Vantage Financial Partners LLC grew its stake in shares of iShares International Select Dividend ETF by 18.6% in the 3rd quarter. Vantage Financial Partners LLC now owns 179,042 shares of the company’s stock worth $6,544,000 after purchasing an additional 28,042 shares during the last quarter. SOA Wealth Advisors LLC. grew its stake in shares of iShares International Select Dividend ETF by 5,809.4% in the 4th quarter. SOA Wealth Advisors LLC. now owns 60,217 shares of the company’s stock worth $2,376,000 after purchasing an additional 59,198 shares during the last quarter. Finally, Winnow Wealth LLC acquired a new position in shares of iShares International Select Dividend ETF in the 3rd quarter worth approximately $746,000.

About iShares International Select Dividend ETF

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.