iShares International Select Dividend ETF (BATS:IDV) Sets New 12-Month Low – Time to Sell?

iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week low during trading on Monday . The company traded as low as $28.33 and last traded at $28.39, with a volume of 523890 shares trading hands. The stock had previously closed at $28.27.

iShares International Select Dividend ETF Stock Performance

The firm has a 50 day moving average price of $29.19 and a two-hundred day moving average price of $29.00. The company has a market cap of $4.17 billion, a P/E ratio of 5.44 and a beta of 0.74.

Hedge Funds Weigh In On iShares International Select Dividend ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Command Advisory Services Inc. raised its position in shares of iShares International Select Dividend ETF by 13.9% in the second quarter. First Command Advisory Services Inc. now owns 5,475 shares of the company’s stock valued at $151,000 after purchasing an additional 670 shares during the period. Burke & Herbert Bank & Trust Co. purchased a new position in iShares International Select Dividend ETF in the 2nd quarter valued at approximately $232,000. 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 valued at $270,000 after acquiring an additional 871 shares during the period. Valeo Financial Advisors LLC lifted its position in shares of iShares International Select Dividend ETF by 3.7% during the third quarter. Valeo Financial Advisors LLC now owns 10,007 shares of the company’s stock worth $303,000 after acquiring an additional 360 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of iShares International Select Dividend ETF by 99.6% in the second quarter. Farther Finance Advisors LLC now owns 11,183 shares of the company’s stock worth $312,000 after acquiring an additional 5,580 shares during the period.

iShares International Select Dividend ETF Company Profile

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.