iShares International Select Dividend ETF (BATS:IDV) Hits New 12-Month Low – What’s Next?

iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $27.53 and last traded at $29.42, with a volume of 516969 shares trading hands. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Price Performance

The business’s 50 day moving average price is $28.11 and its 200 day moving average price is $28.80. The stock has a market capitalization of $4.37 billion, a P/E ratio of 5.44 and a beta of 0.74.

Institutional Investors Weigh In On iShares International Select Dividend ETF

A number of large investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its stake in shares of iShares International Select Dividend ETF by 2.4% during the 4th quarter. Ameriprise Financial Inc. now owns 3,850,692 shares of the company’s stock valued at $105,047,000 after purchasing an additional 88,877 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares International Select Dividend ETF by 8.9% during the fourth quarter. JPMorgan Chase & Co. now owns 989,983 shares of the company’s stock valued at $27,106,000 after buying an additional 80,748 shares during the last quarter. Captrust Financial Advisors grew its position in shares of iShares International Select Dividend ETF by 727.6% during the 4th quarter. Captrust Financial Advisors now owns 74,019 shares of the company’s stock valued at $2,027,000 after acquiring an additional 65,075 shares during the period. Jones Financial Companies Lllp lifted its position in iShares International Select Dividend ETF by 53.7% during the fourth quarter. Jones Financial Companies Lllp now owns 105,059 shares of the company’s stock valued at $2,877,000 after purchasing an additional 36,684 shares in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings in iShares International Select Dividend ETF by 16.4% during the fourth quarter. AdvisorNet Financial Inc now owns 229,604 shares of the company’s stock valued at $6,287,000 after purchasing an additional 32,333 shares during the period.

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.