iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sets New 1-Year High – Here’s Why

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) shares reached a new 52-week high on Thursday . The company traded as high as $82.50 and last traded at $82.4790, with a volume of 125449 shares changing hands. The stock had previously closed at $82.03.

iShares Core MSCI International Developed Markets ETF Trading Up 0.5%

The firm has a market capitalization of $23.89 billion, a price-to-earnings ratio of 16.62 and a beta of 0.85. The stock’s 50-day moving average is $80.69 and its 200-day moving average is $78.13.

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

A number of institutional investors have recently made changes to their positions in IDEV. Ameriprise Financial Inc. raised its position in shares of iShares Core MSCI International Developed Markets ETF by 7.4% during the third quarter. Ameriprise Financial Inc. now owns 7,361,205 shares of the company’s stock worth $587,663,000 after acquiring an additional 508,997 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Core MSCI International Developed Markets ETF by 19.4% in the 2nd 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 last quarter. Horizon Investments LLC increased its position in shares of iShares Core MSCI International Developed Markets ETF by 169.6% during the first quarter. Horizon Investments LLC now owns 3,648,012 shares of the company’s stock worth $251,312,000 after buying an additional 2,295,068 shares during the period. Bank of New York Mellon Corp raised its stake in 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 buying an additional 700,939 shares during the last quarter. Finally, First Command Advisory Services Inc. lifted its holdings in 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 buying an additional 163,326 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.