iShares International Developed Real Estate ETF (NASDAQ:IFGL) Trading 1% Higher

Posted by Xavier Holt on Apr 24th, 2024

Shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL – Get Free Report) traded up 1% on Monday . The company traded as high as $20.27 and last traded at $20.23. 5,632 shares were traded during mid-day trading, a decline of 64% from the average session volume of 15,442 shares. The stock had previously closed at $20.03.

iShares International Developed Real Estate ETF Stock Performance

The company has a market cap of $109.03 million, a price-to-earnings ratio of 11.40 and a beta of 0.84. The firm’s 50 day simple moving average is $20.53 and its 200-day simple moving average is $20.25.

iShares International Developed Real Estate ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 22nd were given a dividend of $0.1114 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.45 dividend on an annualized basis and a yield of 2.21%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares International Developed Real Estate ETF stock. Bank of New York Mellon Corp boosted its position in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL – Free Report) by 69.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,919 shares of the company’s stock after acquiring an additional 16,346 shares during the quarter. Bank of New York Mellon Corp owned 0.65% of iShares International Developed Real Estate ETF worth $757,000 at the end of the most recent quarter.

About iShares International Developed Real Estate ETF

(Get Free Report)

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.