iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Sees Unusually-High Trading Volume – Still a Buy?

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) shares saw an uptick in trading volume on Monday . 709,270 shares traded hands during mid-day trading, a decline of 50% from the previous session’s volume of 1,423,162 shares.The stock last traded at $69.95 and had previously closed at $69.49.

iShares Core MSCI Total International Stock ETF Stock Performance

The business’s 50 day moving average price is $70.77 and its 200-day moving average price is $69.20. The company has a market cap of $38.59 billion, a price-to-earnings ratio of 13.97 and a beta of 0.84.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Oakworth Capital Inc. bought a new stake in shares of iShares Core MSCI Total International Stock ETF in the 2nd quarter valued at approximately $41,000. ESL Trust Services LLC bought a new stake in iShares Core MSCI Total International Stock ETF in the first quarter valued at $108,000. Certified Advisory Corp acquired a new position in iShares Core MSCI Total International Stock ETF during the second quarter worth $215,000. TIAA Trust National Association bought a new position in shares of iShares Core MSCI Total International Stock ETF during the second quarter valued at $227,000. Finally, Tradewinds LLC. acquired a new stake in shares of iShares Core MSCI Total International Stock ETF in the 1st quarter valued at $241,000.

iShares Core MSCI Total International Stock ETF Company Profile

The iShares Core MSCI Total International Stock ETF (IXUS) is an exchange-traded fund that is based on the MSCI AC World ex USA IMI index, a market-cap-weighted index of global stocks covering 99% of the global market capitalization outside the US. IXUS was launched on Oct 18, 2012 and is managed by BlackRock.