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

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) shares reached a new 52-week high on Monday . The company traded as high as $74.28 and last traded at $74.25, with a volume of 262046 shares. The stock had previously closed at $73.82.

iShares Core MSCI International Developed Markets ETF Stock Performance

The firm has a market capitalization of $19.64 billion, a PE ratio of 16.02 and a beta of 0.85. The stock’s 50 day simple moving average is $69.64 and its two-hundred day simple moving average is $67.95.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alteri Wealth LLC acquired a new position in iShares Core MSCI International Developed Markets ETF during the 4th quarter worth about $433,000. Whittier Trust Co. acquired a new stake in shares of iShares Core MSCI International Developed Markets ETF during the fourth quarter worth about $76,000. JPMorgan Chase & Co. boosted its stake in shares of iShares Core MSCI International Developed Markets ETF by 12.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,638,747 shares of the company’s stock valued at $170,120,000 after purchasing an additional 286,730 shares during the period. Missouri Trust & Investment Co grew its holdings in shares of iShares Core MSCI International Developed Markets ETF by 1.4% in the fourth quarter. Missouri Trust & Investment Co now owns 175,247 shares of the company’s stock valued at $11,298,000 after purchasing an additional 2,344 shares in the last quarter. Finally, Arbor Investment Advisors LLC increased its stake in iShares Core MSCI International Developed Markets ETF by 20.4% during the 4th quarter. Arbor Investment Advisors LLC now owns 59,340 shares of the company’s stock worth $3,826,000 after buying an additional 10,070 shares during the period.

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.