iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Reaches New 12-Month High at $70.21

iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) shares reached a new 52-week high on Thursday . The stock traded as high as $70.21 and last traded at $70.08, with a volume of 13643 shares trading hands. The stock had previously closed at $68.95.

iShares Core MSCI International Developed Markets ETF Price Performance

The firm’s 50 day moving average price is $67.70 and its 200-day moving average price is $66.98. The firm has a market cap of $14.00 billion, a price-to-earnings ratio of 14.79 and a beta of 0.84.

Institutional Trading of iShares Core MSCI International Developed Markets ETF

Several hedge funds and other institutional investors have recently bought and sold shares of IDEV. Bessemer Group Inc. lifted its stake in shares of iShares Core MSCI International Developed Markets ETF by 2,953.3% in the first quarter. Bessemer Group Inc. now owns 2,142,000 shares of the company’s stock valued at $143,793,000 after buying an additional 2,071,846 shares during the period. Nixon Peabody Trust Co. bought a new stake in shares of iShares Core MSCI International Developed Markets ETF in the 1st quarter worth approximately $69,401,000. Bank of New York Mellon Corp grew its holdings in shares of iShares Core MSCI International Developed Markets ETF by 43.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 211,357 shares of the company’s stock worth $13,873,000 after purchasing an additional 64,000 shares in the last quarter. Amarillo National Bank increased its position in shares of iShares Core MSCI International Developed Markets ETF by 7.3% during the second quarter. Amarillo National Bank now owns 796,377 shares of the company’s stock valued at $52,274,000 after purchasing an additional 54,266 shares during the period. Finally, Fortitude Family Office LLC raised its stake in shares of iShares Core MSCI International Developed Markets ETF by 33.9% in the second quarter. Fortitude Family Office LLC now owns 199,573 shares of the company’s stock valued at $13,100,000 after purchasing an additional 50,536 shares in the last quarter.

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.