iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Hits New 12-Month High – Here’s What Happened

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $93.60 and last traded at $93.44, with a volume of 33819 shares traded. The stock had previously closed at $92.97.

iShares Core MSCI International Developed Markets ETF Stock Performance

The company has a 50 day moving average of $89.69 and a 200-day moving average of $88.19. The stock has a market cap of $32.68 billion, a price-to-earnings ratio of 16.62 and a beta of 0.79.

Institutional Investors Weigh In On iShares Core MSCI International Developed Markets ETF

A number of hedge funds have recently bought and sold shares of the stock. Brown Brothers Harriman & Co. grew its position in shares of iShares Core MSCI International Developed Markets ETF by 11,466.7% during the third quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $28,000 after buying an additional 344 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new stake in iShares Core MSCI International Developed Markets ETF in the fourth quarter valued at approximately $30,000. Creative Capital Management Investments LLC acquired a new stake in iShares Core MSCI International Developed Markets ETF in the first quarter valued at approximately $32,000. Main Street Group LTD purchased a new position in iShares Core MSCI International Developed Markets ETF in the first quarter worth approximately $37,000. Finally, Archer Investment Corp lifted its stake in iShares Core MSCI International Developed Markets ETF by 14.0% in the fourth quarter. Archer Investment Corp now owns 972 shares of the company’s stock worth $80,000 after acquiring an additional 119 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.