(IGRO) iShares International - Ratings and Ratios

The iShares International Dividend Growth ETF (IGRO) is designed to replicate the performance of an index that focuses on international equities with a history of consistently growing dividend payments, using a dividend dollars weighted approach. This means the fund prioritizes companies that have demonstrated a commitment to increasing their dividend payouts over time.

IGRO achieves its objective by investing at least 80% of its assets in the securities that comprise the tracked index, as well as other investments that closely mimic the economic characteristics of these securities. The remaining 20% can be allocated to various financial instruments such as futures, options, and swap contracts, in addition to cash and cash equivalents, allowing for flexibility in managing the funds portfolio.

With a significant Assets Under Management (AUM) of $1,166.99 million USD, IGRO is a substantial player in the Foreign Large Blend ETF category. Its size and focus on dividend growth stocks make it an attractive option for investors seeking exposure to international markets with a history of stable and increasing dividend payments.

Analyzing the technical data, IGROs last price is $78.46, slightly below its 20-day Simple Moving Average (SMA) of $78.65, indicating a potential short-term bearish trend. However, it remains above its 50-day SMA of $75.43 and significantly above its 200-day SMA of $72.05, suggesting a longer-term bullish outlook. The Average True Range (ATR) of 0.63, or 0.81%, indicates moderate volatility. Given these indicators, a forecast could be that IGRO may continue to consolidate around its current price before potentially breaking out towards its 52-week high of $80.17, driven by the overall bullish trend in its longer-term moving averages and the attractiveness of dividend growth stocks.

Combining fundamental and technical insights, a potential investment strategy could involve monitoring IGROs price movements relative to its SMAs and adjusting investments accordingly. For instance, a break above the 20-day SMA could be seen as a bullish signal, while a drop below the 50-day SMA might indicate a need to reevaluate the investment. The funds focus on dividend growth and its sizable AUM provide a foundation for potential long-term growth, making it a candidate for investors looking for stable international exposure.