iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sets New 1-Year High – Here’s Why

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) shares hit a new 52-week high on Wednesday . The stock traded as high as $92.15 and last traded at $92.02, with a volume of 1125886 shares trading hands. The stock had previously closed at $90.95.

iShares Core MSCI International Developed Markets ETF Stock Performance

The company’s 50 day moving average price is $89.53 and its 200 day moving average price is $88.02. The company has a market cap of $32.28 billion, a price-to-earnings ratio of 16.62 and a beta of 0.79.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Large investors have recently made changes to their positions in the stock. Brown Brothers Harriman & Co. raised its stake in shares of iShares Core MSCI International Developed Markets ETF by 11,466.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock valued at $28,000 after acquiring an additional 344 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in iShares Core MSCI International Developed Markets ETF during the fourth quarter valued at approximately $30,000. Creative Capital Management Investments LLC bought a new position in shares of iShares Core MSCI International Developed Markets ETF in the first quarter valued at approximately $32,000. Main Street Group LTD bought a new stake in shares of iShares Core MSCI International Developed Markets ETF during the 1st quarter worth $37,000. Finally, Archer Investment Corp grew its position in shares of 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 valued at $80,000 after purchasing 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.