iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Sets New 1-Year High – Should You Buy?

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $85.22 and last traded at $85.18, with a volume of 134833 shares changing hands. The stock had previously closed at $84.88.

iShares Core MSCI Total International Stock ETF Price Performance

The company has a market cap of $51.75 billion, a price-to-earnings ratio of 16.14 and a beta of 0.80. The company’s 50-day simple moving average is $82.88 and its 200-day simple moving average is $78.93.

Hedge Funds Weigh In On iShares Core MSCI Total International Stock ETF

Institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its stake in shares of iShares Core MSCI Total International Stock ETF by 825.6% during the second quarter. Captrust Financial Advisors now owns 6,045,597 shares of the company’s stock valued at $467,384,000 after acquiring an additional 5,392,418 shares in the last quarter. Mill Creek Capital Advisors LLC grew its stake in iShares Core MSCI Total International Stock ETF by 7.4% during the 1st quarter. Mill Creek Capital Advisors LLC now owns 5,063,608 shares of the company’s stock valued at $353,490,000 after purchasing an additional 349,938 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Core MSCI Total International Stock ETF by 222.5% during the 1st quarter. JPMorgan Chase & Co. now owns 2,332,899 shares of the company’s stock worth $162,860,000 after purchasing an additional 1,609,435 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in iShares Core MSCI Total International Stock ETF by 0.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,559,924 shares of the company’s stock worth $120,598,000 after purchasing an additional 9,153 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in shares of iShares Core MSCI Total International Stock ETF by 4.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 1,175,924 shares of the company’s stock valued at $97,108,000 after purchasing an additional 48,524 shares in the last quarter.

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.