iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sees Strong Trading Volume – Here’s What Happened

Shares of iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw an uptick in trading volume on Wednesday . 5,104,698 shares were traded during mid-day trading, an increase of 164% from the previous session’s volume of 1,935,045 shares.The stock last traded at $91.9360 and had previously closed at $92.89.

iShares Core MSCI International Developed Markets ETF Price Performance

The stock has a market capitalization of $32.17 billion, a price-to-earnings ratio of 16.62 and a beta of 0.80. The company has a 50-day simple moving average of $91.28 and a two-hundred day simple moving average of $88.92.

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

Several hedge funds have recently made changes to their positions in the business. 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 valued at $521,039,000 after buying an additional 1,716,886 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Core MSCI International Developed Markets ETF by 16.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,432,860 shares of the company’s stock valued at $365,623,000 after purchasing an additional 625,042 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of iShares Core MSCI International Developed Markets ETF by 25.9% during the first quarter. Bessemer Group Inc. now owns 2,760,114 shares of the company’s stock valued at $230,662,000 after purchasing an additional 568,237 shares during the last quarter. First Command Advisory Services Inc. boosted its position in shares of iShares Core MSCI International Developed Markets ETF by 21.4% in the 4th quarter. First Command Advisory Services Inc. now owns 1,630,797 shares of the company’s stock valued at $134,508,000 after purchasing an additional 287,340 shares during the period. Finally, Main Management ETF Advisors LLC increased its stake in iShares Core MSCI International Developed Markets ETF by 11.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 809,383 shares of the company’s stock worth $66,758,000 after purchasing an additional 80,383 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.