iShares International Select Dividend ETF (BATS:IDV) Shares Break Above 200 Day Moving Average – Here’s Why

iShares International Select Dividend ETF (BATS:IDV – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $43.26 and traded as high as $43.54. iShares International Select Dividend ETF shares last traded at $43.54, with a volume of 812,380 shares trading hands.

iShares International Select Dividend ETF Stock Down 2.0%

The business has a 50-day moving average price of $43.12 and a two-hundred day moving average price of $43.28. The company has a market cap of $6.52 billion, a P/E ratio of 10.09 and a beta of 0.76.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp increased its stake in shares of iShares International Select Dividend ETF by 8.2% in the 1st quarter. Bank of New York Mellon Corp now owns 2,872,140 shares of the company’s stock valued at $122,238,000 after acquiring an additional 218,259 shares during the last quarter. Heartwood Wealth Advisors LLC bought a new position in iShares International Select Dividend ETF during the 3rd quarter worth approximately $6,408,000. Fifth Third Wealth Advisors LLC bought a new position in iShares International Select Dividend ETF during the 3rd quarter worth approximately $3,026,000. Arkadios Wealth Advisors boosted its stake in iShares International Select Dividend ETF by 6.5% during the 1st quarter. Arkadios Wealth Advisors now owns 807,215 shares of the company’s stock worth $34,355,000 after acquiring an additional 49,561 shares during the last quarter. Finally, NFSG Corp acquired a new position in iShares International Select Dividend ETF during the third quarter valued at approximately $1,679,000.

About iShares International Select Dividend ETF

(Get Free Report)

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.

Further Reading

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