Sterling Capital Management LLC Cuts Position in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV)

Sterling Capital Management LLC reduced its stake in shares of iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) by 3.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 444,391 shares of the company’s stock after selling 18,128 shares during the quarter. Sterling Capital Management LLC’s holdings in iShares Core MSCI International Developed Markets ETF were worth $28,650,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IDEV. Bessemer Group Inc. increased its position in shares of iShares Core MSCI International Developed Markets ETF by 12.4% during the fourth quarter. Bessemer Group Inc. now owns 3,706,315 shares of the company’s stock worth $238,948,000 after purchasing an additional 408,302 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares Core MSCI International Developed Markets ETF by 12.2% during the 4th quarter. JPMorgan Chase & Co. now owns 2,638,747 shares of the company’s stock valued at $170,120,000 after buying an additional 286,730 shares in the last quarter. First Command Advisory Services Inc. increased its position in iShares Core MSCI International Developed Markets ETF by 17.1% during the 4th quarter. First Command Advisory Services Inc. now owns 859,931 shares of the company’s stock valued at $55,440,000 after buying an additional 125,803 shares in the last quarter. Nixon Peabody Trust Co. raised its stake in iShares Core MSCI International Developed Markets ETF by 4.3% in the fourth quarter. Nixon Peabody Trust Co. now owns 1,200,185 shares of the company’s stock valued at $77,376,000 after buying an additional 49,370 shares during the last quarter. Finally, First National Bank Sioux Falls boosted its holdings in iShares Core MSCI International Developed Markets ETF by 16.2% in the fourth quarter. First National Bank Sioux Falls now owns 259,638 shares of the company’s stock worth $16,739,000 after acquiring an additional 36,256 shares in the last quarter.

iShares Core MSCI International Developed Markets ETF Stock Performance

Shares of IDEV stock opened at $65.16 on Friday. iShares Core MSCI International Developed Markets ETF has a fifty-two week low of $61.11 and a fifty-two week high of $71.56. The firm has a market capitalization of $17.45 billion, a price-to-earnings ratio of 14.51 and a beta of 0.83. The stock’s 50-day simple moving average is $68.65 and its 200-day simple moving average is $67.66.

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.