iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Hits New 1-Year High – What’s Next?

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $82.50 and last traded at $82.4790, with a volume of 125449 shares changing hands. The stock had previously closed at $82.03.

iShares Core MSCI International Developed Markets ETF Stock Performance

The firm has a market cap of $23.89 billion, a price-to-earnings ratio of 16.62 and a beta of 0.85. The stock has a 50-day moving average of $80.69 and a 200-day moving average of $78.13.

Hedge Funds Weigh In On iShares Core MSCI International Developed Markets ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its position in shares of iShares Core MSCI International Developed Markets ETF by 7.4% in the third quarter. Ameriprise Financial Inc. now owns 7,361,205 shares of the company’s stock valued at $587,663,000 after purchasing an additional 508,997 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares Core MSCI International Developed Markets ETF by 19.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,856,982 shares of the company’s stock worth $293,285,000 after purchasing an additional 626,665 shares in the last quarter. Horizon Investments LLC grew its stake in iShares Core MSCI International Developed Markets ETF by 169.6% during the first quarter. Horizon Investments LLC now owns 3,648,012 shares of the company’s stock worth $251,312,000 after buying an additional 2,295,068 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares Core MSCI International Developed Markets ETF by 55.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,966,793 shares of the company’s stock valued at $149,555,000 after buying an additional 700,939 shares in the last quarter. Finally, First Command Advisory Services Inc. raised its position in shares of iShares Core MSCI International Developed Markets ETF by 13.8% in 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 in 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.