iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sets New 52-Week High – Still a Buy?

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEVGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $93.60 and last traded at $93.44, with a volume of 33819 shares. The stock had previously closed at $92.97.

iShares Core MSCI International Developed Markets ETF Stock Up 0.2%

The company has a market cap of $32.73 billion, a PE ratio of 16.62 and a beta of 0.79. The firm’s fifty day simple moving average is $89.82 and its 200-day simple moving average is $88.29.

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

A number of institutional investors and hedge funds have recently bought and sold shares of IDEV. Brown Brothers Harriman & Co. raised its holdings in shares of iShares Core MSCI International Developed Markets ETF by 11,466.7% in the third quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $28,000 after acquiring an additional 344 shares during the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in iShares Core MSCI International Developed Markets ETF during the 4th quarter worth about $30,000. Creative Capital Management Investments LLC acquired a new position in iShares Core MSCI International Developed Markets ETF in the 1st quarter valued at about $32,000. Main Street Group LTD acquired a new position in iShares Core MSCI International Developed Markets ETF in the 1st quarter valued at about $37,000. Finally, Archer Investment Corp lifted its holdings in iShares Core MSCI International Developed Markets ETF by 14.0% in the 4th quarter. Archer Investment Corp now owns 972 shares of the company’s stock valued at $80,000 after purchasing an additional 119 shares in the last quarter.

iShares Core MSCI International Developed Markets ETF Company Profile

(Get Free Report)

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.

Further Reading

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