iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) Sees Strong Trading Volume – Here’s Why

Shares of iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) saw strong trading volume on Wednesday . 1,298,797 shares were traded during mid-day trading, an increase of 37% from the previous session’s volume of 949,855 shares.The stock last traded at $70.47 and had previously closed at $70.88.

iShares Core MSCI International Developed Markets ETF Trading Down 1.1 %

The firm’s 50-day simple moving average is $68.64 and its 200 day simple moving average is $67.89. The stock has a market cap of $18.27 billion, a P/E ratio of 16.92 and a beta of 0.90.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Icon Wealth Advisors LLC acquired a new stake in shares of iShares Core MSCI International Developed Markets ETF in the 3rd quarter worth approximately $383,000. Captrust Financial Advisors raised its holdings in iShares Core MSCI International Developed Markets ETF by 2.0% during the third quarter. Captrust Financial Advisors now owns 506,240 shares of the company’s stock worth $35,857,000 after purchasing an additional 10,138 shares in the last quarter. Fortitude Family Office LLC lifted its position in iShares Core MSCI International Developed Markets ETF by 17.4% in the fourth quarter. Fortitude Family Office LLC now owns 231,975 shares of the company’s stock worth $14,955,000 after purchasing an additional 34,396 shares during the period. First National Bank Sioux Falls boosted its stake in iShares Core MSCI International Developed Markets ETF by 16.2% during the 4th quarter. First National Bank Sioux Falls now owns 259,638 shares of the company’s stock valued at $16,739,000 after purchasing an additional 36,256 shares in the last quarter. Finally, Missouri Trust & Investment Co increased its position in shares of iShares Core MSCI International Developed Markets ETF by 1.4% during the 4th quarter. Missouri Trust & Investment Co now owns 175,247 shares of the company’s stock valued at $11,298,000 after purchasing an additional 2,344 shares during the period.

iShares Core MSCI International Developed Markets ETF Company Profile

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.