iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sets New 1-Year High – Still a Buy?

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) hit a new 52-week high on Monday . The stock traded as high as $72.84 and last traded at $72.78, with a volume of 92481 shares. The stock had previously closed at $72.62.

iShares Core MSCI International Developed Markets ETF Stock Performance

The stock has a market capitalization of $19.19 billion, a PE ratio of 16.02 and a beta of 0.85. The business’s 50-day moving average is $69.11 and its two-hundred day moving average is $67.68.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mascoma Wealth Management LLC raised its position in iShares Core MSCI International Developed Markets ETF by 3.5% in the first quarter. Mascoma Wealth Management LLC now owns 5,044 shares of the company’s stock worth $347,000 after acquiring an additional 172 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of iShares Core MSCI International Developed Markets ETF by 2.2% during the 1st quarter. First Horizon Advisors Inc. now owns 9,983 shares of the company’s stock worth $688,000 after purchasing an additional 217 shares during the period. Private Trust Co. NA lifted its stake in shares of iShares Core MSCI International Developed Markets ETF by 18.5% in the first quarter. Private Trust Co. NA now owns 1,628 shares of the company’s stock valued at $112,000 after purchasing an additional 254 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in iShares Core MSCI International Developed Markets ETF by 5.4% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 5,861 shares of the company’s stock worth $378,000 after buying an additional 301 shares in the last quarter. Finally, Rossby Financial LCC increased its holdings in iShares Core MSCI International Developed Markets ETF by 10.0% in the first quarter. Rossby Financial LCC now owns 4,311 shares of the company’s stock valued at $306,000 after buying an additional 391 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.