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

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) hit a new 52-week high during trading on Wednesday . The stock traded as high as $82.71 and last traded at $82.9190, with a volume of 855401 shares traded. The stock had previously closed at $81.97.

iShares Core MSCI International Developed Markets ETF Price Performance

The company has a market capitalization of $24.01 billion, a price-to-earnings ratio of 16.62 and a beta of 0.85. The business has a fifty day moving average price of $80.89 and a 200 day moving average price of $78.37.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC boosted its position in shares of iShares Core MSCI International Developed Markets ETF by 15.0% during the 2nd quarter. Parallel Advisors LLC now owns 11,013 shares of the company’s stock valued at $837,000 after acquiring an additional 1,439 shares in the last quarter. American National Bank & Trust lifted its stake in iShares Core MSCI International Developed Markets ETF by 110.0% during the second quarter. American National Bank & Trust now owns 20,272 shares of the company’s stock worth $1,541,000 after purchasing an additional 10,620 shares during the period. Beaumont Financial Advisors LLC bought a new position in iShares Core MSCI International Developed Markets ETF during the second quarter worth about $400,000. Flow Traders U.S. LLC acquired a new stake in iShares Core MSCI International Developed Markets ETF during the second quarter valued at approximately $42,537,000. Finally, First PREMIER Bank grew its stake in shares of iShares Core MSCI International Developed Markets ETF by 48.3% in the 2nd quarter. First PREMIER Bank now owns 1,425 shares of the company’s stock valued at $108,000 after purchasing an additional 464 shares during the period.

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.