iShares International Dividend Growth ETF (BATS:IGRO) Shares Down 0.2% – Time to Sell?

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

iShares International Dividend Growth ETF Stock Performance

The company has a market cap of $1.36 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74. The company has a 50-day simple moving average of $91.69 and a 200-day simple moving average of $88.61.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IGRO. Janney Montgomery Scott LLC lifted its holdings in iShares International Dividend Growth ETF by 3.5% in the first quarter. Janney Montgomery Scott LLC now owns 195,114 shares of the company’s stock valued at $16,345,000 after acquiring an additional 6,566 shares during the period. ADG Wealth Management Group LLC grew its stake in shares of iShares International Dividend Growth ETF by 8.0% during the 1st quarter. ADG Wealth Management Group LLC now owns 62,883 shares of the company’s stock worth $5,268,000 after purchasing an additional 4,665 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of iShares International Dividend Growth ETF by 23.7% in the 1st quarter. Bank of New York Mellon Corp now owns 14,847 shares of the company’s stock valued at $1,244,000 after purchasing an additional 2,849 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of iShares International Dividend Growth ETF by 32.0% in the 1st quarter. Arkadios Wealth Advisors now owns 7,514 shares of the company’s stock valued at $629,000 after purchasing an additional 1,823 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of iShares International Dividend Growth ETF by 11.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,508 shares of the company’s stock valued at $964,000 after purchasing an additional 1,143 shares in 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.