iShares International Dividend Growth ETF (BATS:IGRO) Stock Falls 0.2% – What’s Next?

Shares of iShares International Dividend Growth ETF (BATS:IGRO) fell 0.2% on Thursday. The stock traded as low as $89.01 and last traded at $89.47. 40,140 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 51,377 shares. The stock had previously closed at $89.67.

iShares International Dividend Growth ETF Trading Up 0.8%

The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74. The stock has a fifty day moving average price of $91.69 and a 200-day moving average price of $88.62.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in IGRO. Sunbelt Securities Inc. lifted its holdings in iShares International Dividend Growth ETF by 1.0% during the 1st quarter. Sunbelt Securities Inc. now owns 45,510 shares of the company’s stock worth $3,812,000 after purchasing an additional 443 shares during the last quarter. Commonwealth Retirement Investments LLC acquired a new position in iShares International Dividend Growth ETF in the 4th quarter valued at $41,000. PNC Financial Services Group Inc. grew its holdings in iShares International Dividend Growth ETF by 12.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 10,365 shares of the company’s stock valued at $858,000 after buying an additional 1,122 shares in the last quarter. Arkadios Wealth Advisors increased its position in iShares International Dividend Growth ETF by 32.0% during the 1st quarter. Arkadios Wealth Advisors now owns 7,514 shares of the company’s stock worth $629,000 after buying an additional 1,823 shares during the period. Finally, Bank of New York Mellon Corp increased its position in iShares International Dividend Growth ETF by 23.7% during the 1st quarter. Bank of New York Mellon Corp now owns 14,847 shares of the company’s stock worth $1,244,000 after buying an additional 2,849 shares during the period.

About iShares International Dividend Growth ETF

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.