iShares International Select Dividend ETF (BATS:IDV) Sets New 12-Month Low – Should You Sell?

iShares International Select Dividend ETF (BATS:IDV)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $27.53 and last traded at $27.68, with a volume of 516969 shares traded. The stock had previously closed at $27.28.

iShares International Select Dividend ETF Stock Performance

The firm has a market capitalization of $4.06 billion, a P/E ratio of 5.44 and a beta of 0.74. The firm’s 50-day moving average is $27.92 and its 200 day moving average is $28.75.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of IDV. JPMorgan Chase & Co. lifted its stake in iShares International Select Dividend ETF by 6.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 909,235 shares of the company’s stock valued at $27,486,000 after acquiring an additional 54,680 shares in the last quarter. Arkadios Wealth Advisors acquired a new position in iShares International Select Dividend ETF during the third quarter worth $20,419,000. TD Private Client Wealth LLC grew its position in iShares International Select Dividend ETF by 1.1% in the third quarter. TD Private Client Wealth LLC now owns 280,406 shares of the company’s stock valued at $8,477,000 after purchasing an additional 3,163 shares in the last quarter. AdvisorNet Financial Inc increased its stake in iShares International Select Dividend ETF by 16.4% in the 4th quarter. AdvisorNet Financial Inc now owns 229,604 shares of the company’s stock valued at $6,287,000 after buying an additional 32,333 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC increased its stake in iShares International Select Dividend ETF by 3.1% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 135,181 shares of the company’s stock valued at $4,087,000 after buying an additional 4,040 shares during the last quarter.

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.