iShares International Developed Real Estate ETF (NASDAQ:IFGL) Trading 0% Higher

iShares International Developed Real Estate ETF (NASDAQ:IFGL)’s share price rose 0% during trading on Thursday . The company traded as high as $21.27 and last traded at $21.19. Approximately 5,019 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 14,884 shares. The stock had previously closed at $21.18.

iShares International Developed Real Estate ETF Price Performance

The stock has a market capitalization of $99.83 million, a P/E ratio of 11.98 and a beta of 0.83. The stock has a fifty day moving average price of $20.46 and a 200 day moving average price of $20.59.

iShares International Developed Real Estate ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a dividend of $0.3999 per share. This represents a $1.60 dividend on an annualized basis and a yield of 7.53%. The ex-dividend date of this dividend was Tuesday, June 11th.

Hedge Funds Weigh In On iShares International Developed Real Estate ETF

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. Family Firm Inc. raised its position in iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 54.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,758 shares of the company’s stock after purchasing an additional 50,179 shares during the period. Family Firm Inc. owned 2.97% of iShares International Developed Real Estate ETF worth $2,827,000 at the end of the most recent reporting period.

About iShares International Developed Real Estate ETF

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.