iShares International Select Dividend ETF (BATS:IDV) Sets New 52-Week High – What’s Next?

iShares International Select Dividend ETF (BATS:IDV) hit a new 52-week high on Friday . The stock traded as high as $43.93 and last traded at $43.9040, with a volume of 59485 shares changing hands. The stock had previously closed at $43.66.

iShares International Select Dividend ETF Stock Performance

The company has a market capitalization of $6.83 billion, a price-to-earnings ratio of 10.09 and a beta of 0.76. The firm has a fifty day moving average price of $41.03 and a 200-day moving average price of $38.50.

Hedge Funds Weigh In On iShares International Select Dividend ETF

Several hedge funds have recently bought and sold shares of IDV. Leavell Investment Management Inc. raised its position in shares of iShares International Select Dividend ETF by 16.6% in the 2nd quarter. Leavell Investment Management Inc. now owns 23,608 shares of the company’s stock valued at $815,000 after buying an additional 3,364 shares in the last quarter. Bank of New York Mellon Corp increased its stake in iShares International Select Dividend ETF by 53.2% in the second quarter. Bank of New York Mellon Corp now owns 2,491,273 shares of the company’s stock valued at $85,974,000 after acquiring an additional 865,053 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in iShares International Select Dividend ETF by 52.3% during the second quarter. Atlantic Union Bankshares Corp now owns 25,883 shares of the company’s stock valued at $893,000 after purchasing an additional 8,883 shares in the last quarter. Cahill Financial Advisors Inc. raised its position in iShares International Select Dividend ETF by 14.4% during the second quarter. Cahill Financial Advisors Inc. now owns 17,147 shares of the company’s stock valued at $592,000 after purchasing an additional 2,162 shares in the last quarter. Finally, Landaas & Co. WI ADV lifted its stake in iShares International Select Dividend ETF by 6.9% during the second quarter. Landaas & Co. WI ADV now owns 18,756 shares of the company’s stock worth $647,000 after purchasing an additional 1,208 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. The Index consists of 100 of the highest dividend-yielding securities (excluding real estate investment trusts (REITs) in the Dow Jones World Developed-Ex.