iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) Sets New 52-Week High – Here’s Why

iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS)’s stock price hit a new 52-week high on Friday . The stock traded as high as $98.81 and last traded at $98.6560, with a volume of 341147 shares changing hands. The stock had previously closed at $98.15.

iShares Core MSCI Total International Stock ETF Trading Up 0.3%

The firm has a market capitalization of $60.81 billion, a PE ratio of 16.14 and a beta of 0.78. The firm has a 50 day simple moving average of $95.71 and a 200 day simple moving average of $93.45.

iShares Core MSCI Total International Stock ETF Announces Dividend

The company also recently declared a semiannual dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $1.2331 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a yield of 255.0%.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IXUS. Captrust Financial Advisors raised its position in iShares Core MSCI Total International Stock ETF by 29.0% in the 4th quarter. Captrust Financial Advisors now owns 10,749,069 shares of the company’s stock worth $909,801,000 after purchasing an additional 2,414,465 shares during the period. Fund Evaluation Group LLC raised its stake in shares of iShares Core MSCI Total International Stock ETF by 18.9% during the 4th quarter. Fund Evaluation Group LLC now owns 2,043,417 shares of the company’s stock worth $172,955,000 after acquiring an additional 324,706 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares Core MSCI Total International Stock ETF by 5.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,860,611 shares of the company’s stock worth $154,746,000 after buying an additional 92,193 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of iShares Core MSCI Total International Stock ETF by 1.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,581,128 shares of the company’s stock valued at $133,827,000 after buying an additional 19,733 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares Core MSCI Total International Stock ETF by 10.3% during the fourth quarter. JPMorgan Chase & Co. now owns 867,962 shares of the company’s stock worth $73,464,000 after purchasing an additional 81,088 shares during the period.

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.