Arbor Investment Advisors LLC Increases Stock Holdings in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV)

Arbor Investment Advisors LLC lifted its stake in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) by 20.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 59,340 shares of the company’s stock after buying an additional 10,070 shares during the period. iShares Core MSCI International Developed Markets ETF comprises about 0.5% of Arbor Investment Advisors LLC’s holdings, making the stock its 23rd biggest position. Arbor Investment Advisors LLC’s holdings in iShares Core MSCI International Developed Markets ETF were worth $3,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IDEV. Icon Wealth Advisors LLC purchased a new position in iShares Core MSCI International Developed Markets ETF during the 3rd quarter valued at $116,000. Lynx Investment Advisory boosted its holdings in iShares Core MSCI International Developed Markets ETF by 59.0% during the 3rd quarter. Lynx Investment Advisory now owns 3,200 shares of the company’s stock valued at $227,000 after acquiring an additional 1,187 shares during the period. Farther Finance Advisors LLC boosted its holdings in iShares Core MSCI International Developed Markets ETF by 33.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,520 shares of the company’s stock valued at $249,000 after acquiring an additional 882 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in iShares Core MSCI International Developed Markets ETF by 20.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,560 shares of the company’s stock valued at $394,000 after acquiring an additional 925 shares during the period. Finally, United Advisor Group LLC boosted its holdings in iShares Core MSCI International Developed Markets ETF by 68.0% during the 3rd quarter. United Advisor Group LLC now owns 10,188 shares of the company’s stock valued at $722,000 after acquiring an additional 4,123 shares during the period.

iShares Core MSCI International Developed Markets ETF Stock Down 0.7 %

IDEV opened at $68.97 on Friday. The business has a fifty day moving average of $66.33 and a 200 day moving average of $67.60. iShares Core MSCI International Developed Markets ETF has a 52-week low of $62.39 and a 52-week high of $71.54. The stock has a market cap of $13.86 billion, a P/E ratio of 14.79 and a beta of 0.84.

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.