iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Reaches New 52-Week High – Still a Buy?

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $81.96 and last traded at $81.8950, with a volume of 511304 shares. The stock had previously closed at $81.34.

iShares Core MSCI International Developed Markets ETF Price Performance

The stock’s fifty day simple moving average is $80.23 and its 200-day simple moving average is $77.18. The firm has a market cap of $23.70 billion, a PE ratio of 16.62 and a beta of 0.85.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Several large investors have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its stake in shares of iShares Core MSCI International Developed Markets ETF by 33.4% in the second quarter. Ameriprise Financial Inc. now owns 6,852,208 shares of the company’s stock worth $521,039,000 after acquiring an additional 1,716,886 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Core MSCI International Developed Markets ETF by 19.4% in the second quarter. JPMorgan Chase & Co. now owns 3,856,982 shares of the company’s stock valued at $293,285,000 after purchasing an additional 626,665 shares during the last quarter. Horizon Investments LLC grew its position in iShares Core MSCI International Developed Markets ETF by 169.6% during the 1st quarter. Horizon Investments LLC now owns 3,648,012 shares of the company’s stock worth $251,312,000 after purchasing an additional 2,295,068 shares during the period. Bank of New York Mellon Corp grew its position in iShares Core MSCI International Developed Markets ETF by 55.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,966,793 shares of the company’s stock worth $149,555,000 after purchasing an additional 700,939 shares during the period. Finally, First Command Advisory Services Inc. raised its stake in shares of iShares Core MSCI International Developed Markets ETF by 13.8% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,343,457 shares of the company’s stock valued at $107,705,000 after buying an additional 163,326 shares during the last quarter.

iShares Core MSCI International Developed Markets ETF Company Profile

The iShares Core MSCI International Developed Markets ETF (IDEV) is an exchange-traded fund that is based on the MSCI World ex USA IMI index, a market-cap-weighted index of large-, mid, and small-cap stocks from developed countries, excluding the US. IDEV was launched on Mar 21, 2017 and is managed by BlackRock.