iShares International Select Dividend ETF (BATS:IDV) Reaches New 52-Week Low – Here’s What Happened

iShares International Select Dividend ETF (BATS:IDV) shares hit a new 52-week low during trading on Monday . The stock traded as low as $27.53 and last traded at $28.86, with a volume of 516969 shares traded. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Stock Up 5.8 %

The stock’s 50-day moving average is $27.94 and its 200-day moving average is $28.73. The firm has a market cap of $4.22 billion, a P/E ratio of 5.44 and a beta of 0.74.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cullen Frost Bankers Inc. grew its holdings in shares of iShares International Select Dividend ETF by 961.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,874 shares of the company’s stock worth $133,000 after purchasing an additional 4,415 shares in the last quarter. AlphaMark Advisors LLC bought a new position in shares of iShares International Select Dividend ETF during the fourth quarter valued at $198,000. Crews Bank & Trust bought a new stake in shares of iShares International Select Dividend ETF in the 4th quarter valued at about $242,000. Captrust Financial Advisors raised its holdings in iShares International Select Dividend ETF by 10.8% during the 3rd quarter. Captrust Financial Advisors now owns 8,944 shares of the company’s stock worth $270,000 after purchasing an additional 871 shares during the last quarter. Finally, Edge Capital Group LLC boosted its position in iShares International Select Dividend ETF by 37.5% during the fourth quarter. Edge Capital Group LLC now owns 9,413 shares of the company’s stock valued at $258,000 after acquiring an additional 2,569 shares during the last quarter.

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.