iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Reaches New 1-Year High – What’s Next?

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV)’s share price reached a new 52-week high on Thursday . The company traded as high as $85.72 and last traded at $85.6110, with a volume of 286446 shares changing hands. The stock had previously closed at $85.12.

iShares Core MSCI International Developed Markets ETF Price Performance

The company has a 50 day moving average of $82.71 and a 200-day moving average of $80.24. The company has a market cap of $25.68 billion, a P/E ratio of 16.62 and a beta of 0.85.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its stake in shares of iShares Core MSCI International Developed Markets ETF by 33.4% during the second quarter. Ameriprise Financial Inc. now owns 6,852,208 shares of the company’s stock valued at $521,039,000 after acquiring an additional 1,716,886 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core MSCI International Developed Markets ETF by 55.4% during the second 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 during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares Core MSCI International Developed Markets ETF by 19.4% in the second quarter. JPMorgan Chase & Co. now owns 3,856,982 shares of the company’s stock valued at $293,285,000 after purchasing an additional 626,665 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iShares Core MSCI International Developed Markets ETF in the 2nd quarter valued at $42,537,000. Finally, First Command Advisory Services Inc. increased its holdings in iShares Core MSCI International Developed Markets ETF by 13.8% in the 3rd 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.

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.