iShares International Select Dividend ETF (BATS:IDV) Hits New 1-Year Low – Should You Sell?

iShares International Select Dividend ETF (BATS:IDV) shares hit a new 52-week low during trading on Monday . The stock traded as low as $28.76 and last traded at $28.89, with a volume of 526848 shares traded. The stock had previously closed at $28.81.

iShares International Select Dividend ETF Stock Performance

The stock’s 50-day simple moving average is $28.94 and its two-hundred day simple moving average is $28.94. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 5.44 and a beta of 0.74.

Institutional Investors Weigh In On iShares International Select Dividend ETF

Several hedge funds have recently modified their holdings of the business. First Command Advisory Services Inc. raised its stake 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 in the last quarter. Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares International Select Dividend ETF during the 2nd quarter worth about $232,000. Captrust Financial Advisors boosted its position in shares of 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 in the last quarter. Valeo Financial Advisors LLC increased its stake in iShares International Select Dividend ETF by 3.7% in 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. Finally, Farther Finance Advisors LLC raised its position in 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 purchasing an additional 5,580 shares in 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.