iShares International Select Dividend ETF (BATS:IDV) Hits New 12-Month Low – What’s Next?

iShares International Select Dividend ETF (BATS:IDV)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $29.55 and last traded at $29.37, with a volume of 341923 shares traded. The stock had previously closed at $29.67.

iShares International Select Dividend ETF Price Performance

The company has a fifty day moving average of $29.69 and a two-hundred day moving average of $28.89. The stock has a market capitalization of $4.26 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 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% during the 2nd quarter. First Command Advisory Services Inc. now owns 5,475 shares of the company’s stock worth $151,000 after purchasing an additional 670 shares during the period. Burke & Herbert Bank & Trust Co. bought a new stake in iShares International Select Dividend ETF in the second quarter valued at $232,000. Valeo Financial Advisors LLC boosted its holdings 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 valued at $303,000 after acquiring an additional 360 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of iShares International Select Dividend ETF by 99.6% during the second quarter. Farther Finance Advisors LLC now owns 11,183 shares of the company’s stock valued at $312,000 after acquiring an additional 5,580 shares during the period. Finally, Moloney Securities Asset Management LLC grew its position in shares of iShares International Select Dividend ETF by 3.7% during the second quarter. Moloney Securities Asset Management LLC now owns 11,358 shares of the company’s stock worth $314,000 after acquiring an additional 410 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.