iShares International Select Dividend ETF (BATS:IDV) Sets New 12-Month Low – Here’s What Happened

Shares of iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week low on Monday . The stock traded as low as $29.55 and last traded at $29.74, with a volume of 335781 shares. The stock had previously closed at $29.57.

iShares International Select Dividend ETF Stock Performance

The company has a market capitalization of $4.34 billion, a PE ratio of 5.44 and a beta of 0.74. The stock has a 50 day moving average price of $29.56 and a two-hundred day moving average price of $28.84.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IDV. One Capital Management LLC bought a new stake in iShares International Select Dividend ETF in the second quarter worth approximately $2,705,000. Fifth Third Wealth Advisors LLC increased its position in iShares International Select Dividend ETF by 157.4% during the second quarter. Fifth Third Wealth Advisors LLC now owns 56,016 shares of the company’s stock worth $1,550,000 after buying an additional 34,254 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in iShares International Select Dividend ETF by 150.9% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 39,489 shares of the company’s stock worth $1,092,000 after buying an additional 23,752 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in iShares International Select Dividend ETF by 15.4% during the first quarter. AdvisorNet Financial Inc now owns 164,170 shares of the company’s stock valued at $4,603,000 after buying an additional 21,961 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of iShares International Select Dividend ETF in the second quarter worth about $533,000.

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.