iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Sees Large Volume Increase – Time to Buy?

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) shares saw unusually-high trading volume on Friday . Approximately 4,400,359 shares traded hands during mid-day trading, an increase of 109% from the previous session’s volume of 2,103,468 shares.The stock last traded at $71.28 and had previously closed at $71.77.

iShares Core MSCI Total International Stock ETF Price Performance

The stock has a market cap of $40.37 billion, a price-to-earnings ratio of 15.85 and a beta of 0.84. The business’s 50-day simple moving average is $69.38 and its two-hundred day simple moving average is $69.39.

Institutional Trading of iShares Core MSCI Total International Stock ETF

A number of hedge funds have recently added to or reduced their stakes in IXUS. Mill Creek Capital Advisors LLC raised its stake in shares of iShares Core MSCI Total International Stock ETF by 11.3% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 4,713,670 shares of the company’s stock valued at $311,762,000 after acquiring an additional 480,302 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of iShares Core MSCI Total International Stock ETF by 15.8% during the fourth quarter. Ameriprise Financial Inc. now owns 2,360,242 shares of the company’s stock valued at $156,050,000 after buying an additional 322,239 shares during the last quarter. Fund Evaluation Group LLC purchased a new position in iShares Core MSCI Total International Stock ETF during the fourth quarter worth about $100,537,000. Prime Capital Investment Advisors LLC boosted its holdings in iShares Core MSCI Total International Stock ETF by 3.3% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 1,119,827 shares of the company’s stock worth $74,065,000 after purchasing an additional 35,713 shares during the last quarter. Finally, Alerus Financial NA boosted its holdings in iShares Core MSCI Total International Stock ETF by 4.0% during the fourth quarter. Alerus Financial NA now owns 1,111,883 shares of the company’s stock worth $73,540,000 after purchasing an additional 43,006 shares during the last quarter.

About iShares Core MSCI Total International Stock ETF

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.