iShares International Dividend Growth ETF (BATS:IGRO) Shares Down 0.8% – Here’s What Happened

iShares International Dividend Growth ETF (BATS:IGRO) fell 0.8% during mid-day trading on Tuesday . The stock traded as low as $86.98 and last traded at $87.25. 24,131 shares were traded during mid-day trading, a decline of 57% from the average session volume of 56,102 shares. The stock had previously closed at $87.93.

iShares International Dividend Growth ETF Stock Down 0.8%

The firm has a fifty day simple moving average of $87.81 and a 200-day simple moving average of $85.98. The company has a market cap of $1.33 billion, a PE ratio of 16.33 and a beta of 0.74.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC purchased a new stake in iShares International Dividend Growth ETF in the fourth quarter valued at approximately $41,000. Arax Advisory Partners acquired a new position in shares of iShares International Dividend Growth ETF in the 4th quarter valued at $86,000. Triumph Capital Management acquired a new position in shares of iShares International Dividend Growth ETF in the 3rd quarter valued at $108,000. Imprint Wealth LLC purchased a new stake in iShares International Dividend Growth ETF in the 3rd quarter valued at $235,000. Finally, Cozad Asset Management Inc. raised its position in iShares International Dividend Growth ETF by 23.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 3,215 shares of the company’s stock valued at $256,000 after purchasing an additional 620 shares during the last quarter.

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.