iShares International Select Dividend ETF (BATS:IDV) Hits New 52-Week Low – Here’s Why

iShares International Select Dividend ETF (BATS:IDV)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $27.53 and last traded at $29.42, with a volume of 516969 shares trading hands. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Price Performance

The firm has a market cap of $4.37 billion, a P/E ratio of 5.44 and a beta of 0.74. The company’s 50-day simple moving average is $28.11 and its 200 day simple moving average is $28.80.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. boosted its holdings in shares of iShares International Select Dividend ETF by 2.4% in the 4th quarter. Ameriprise Financial Inc. now owns 3,850,692 shares of the company’s stock worth $105,047,000 after purchasing an additional 88,877 shares during the period. JPMorgan Chase & Co. increased its position in iShares International Select Dividend ETF by 8.9% during the fourth quarter. JPMorgan Chase & Co. now owns 989,983 shares of the company’s stock valued at $27,106,000 after acquiring an additional 80,748 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of iShares International Select Dividend ETF by 727.6% in the fourth quarter. Captrust Financial Advisors now owns 74,019 shares of the company’s stock valued at $2,027,000 after acquiring an additional 65,075 shares during the period. Jones Financial Companies Lllp grew its holdings in iShares International Select Dividend ETF by 53.7% during the 4th quarter. Jones Financial Companies Lllp now owns 105,059 shares of the company’s stock valued at $2,877,000 after purchasing an additional 36,684 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its position in iShares International Select Dividend ETF by 16.4% in the 4th quarter. AdvisorNet Financial Inc now owns 229,604 shares of the company’s stock worth $6,287,000 after purchasing an additional 32,333 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.