iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Reaches New 1-Year High – Time to Buy?

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) shares reached a new 52-week high on Tuesday . The company traded as high as $93.86 and last traded at $93.83, with a volume of 755578 shares changing hands. The stock had previously closed at $93.13.

iShares Core MSCI International Developed Markets ETF Stock Performance

The stock’s 50 day moving average is $90.38 and its two-hundred day moving average is $88.59. The stock has a market capitalization of $32.82 billion, a PE ratio of 16.62 and a beta of 0.79.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Crestwood Advisors Group LLC lifted its position in iShares Core MSCI International Developed Markets ETF by 101.1% in the fourth quarter. Crestwood Advisors Group LLC now owns 224,439 shares of the company’s stock valued at $18,512,000 after buying an additional 112,813 shares during the last quarter. Arrow Financial Corp grew its position in shares of iShares Core MSCI International Developed Markets ETF by 8.7% in the 4th quarter. Arrow Financial Corp now owns 546,267 shares of the company’s stock valued at $45,056,000 after buying an additional 43,584 shares during the last quarter. Bessemer Group Inc. grew its stake in iShares Core MSCI International Developed Markets ETF by 25.9% during the 1st quarter. Bessemer Group Inc. now owns 2,760,114 shares of the company’s stock worth $230,662,000 after buying an additional 568,237 shares during the last quarter. FSA Advisors Inc. acquired a new position in iShares Core MSCI International Developed Markets ETF in the fourth quarter valued at $10,137,000. Finally, Aureus Asset Management LLC purchased a new stake in shares of iShares Core MSCI International Developed Markets ETF during the first quarter worth approximately $661,000.

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.