iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sees Large Volume Increase – Time to Buy?

Shares of iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEVGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,605,338 shares were traded during mid-day trading, an increase of 136% from the previous session’s volume of 680,327 shares.The stock last traded at $66.01 and had previously closed at $66.10.

iShares Core MSCI International Developed Markets ETF Stock Down 0.1 %

The stock’s 50 day moving average is $67.61 and its two-hundred day moving average is $67.68. The company has a market capitalization of $12.90 billion, a PE ratio of 14.79 and a beta of 0.84.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in IDEV. Valley Wealth Managers Inc. purchased a new position in iShares Core MSCI International Developed Markets ETF during the second quarter valued at approximately $35,000. Icon Wealth Advisors LLC acquired a new position in iShares Core MSCI International Developed Markets ETF during the third quarter worth $116,000. Nemes Rush Group LLC lifted its holdings in iShares Core MSCI International Developed Markets ETF by 57.3% during the second quarter. Nemes Rush Group LLC now owns 2,476 shares of the company’s stock valued at $163,000 after purchasing an additional 902 shares in the last quarter. Lynx Investment Advisory grew its position in shares of iShares Core MSCI International Developed Markets ETF by 59.0% in the third quarter. Lynx Investment Advisory now owns 3,200 shares of the company’s stock valued at $227,000 after purchasing an additional 1,187 shares during the period. Finally, Sky Investment Group LLC purchased a new stake in iShares Core MSCI International Developed Markets ETF during the 3rd quarter worth approximately $236,000.

About iShares Core MSCI International Developed Markets ETF

(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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