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

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $88.76 and last traded at $88.7230, with a volume of 178203 shares changing hands. The stock had previously closed at $87.91.

iShares Core MSCI International Developed Markets ETF Price Performance

The business has a 50 day moving average price of $84.09 and a 200 day moving average price of $81.07. The stock has a market capitalization of $27.87 billion, a PE ratio of 16.62 and a beta of 0.85.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of IDEV. Ameriprise Financial Inc. increased its holdings 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 purchasing an additional 1,716,886 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in 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 worth $149,555,000 after purchasing an additional 700,939 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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 buying an additional 626,665 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of iShares Core MSCI International Developed Markets ETF in the second quarter valued at approximately $42,537,000. Finally, First Command Advisory Services Inc. grew its position in shares of iShares Core MSCI International Developed Markets ETF by 13.8% in the third quarter. First Command Advisory Services Inc. now owns 1,343,457 shares of the company’s stock valued at $107,705,000 after purchasing an additional 163,326 shares in the last quarter.

About iShares Core MSCI International Developed Markets ETF

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.