Beam Wealth Advisors Inc. Has $3.08 Million Stock Position in iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV)

Beam Wealth Advisors Inc. lessened its position in shares of iShares Core MSCI International Developed Markets ETF (NYSEARCA:IDEV) by 1.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,964 shares of the company’s stock after selling 681 shares during the quarter. iShares Core MSCI International Developed Markets ETF makes up about 1.0% of Beam Wealth Advisors Inc.’s investment portfolio, making the stock its 22nd largest position. Beam Wealth Advisors Inc.’s holdings in iShares Core MSCI International Developed Markets ETF were worth $3,083,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Future Financial Wealth Managment LLC acquired a new stake in shares of iShares Core MSCI International Developed Markets ETF during the 1st quarter valued at about $25,000. GW&K Investment Management LLC acquired a new stake in iShares Core MSCI International Developed Markets ETF during the fourth quarter valued at approximately $27,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of iShares Core MSCI International Developed Markets ETF in the 1st quarter valued at approximately $84,000. Naples Money Management LLC acquired a new position in shares of iShares Core MSCI International Developed Markets ETF in the 1st quarter worth approximately $88,000. Finally, YHB Investment Advisors Inc. bought a new position in shares of iShares Core MSCI International Developed Markets ETF during the 1st quarter worth approximately $107,000.

iShares Core MSCI International Developed Markets ETF Price Performance

Shares of IDEV stock opened at $68.07 on Tuesday. The stock’s fifty day simple moving average is $67.34 and its 200 day simple moving average is $66.75. iShares Core MSCI International Developed Markets ETF has a one year low of $55.31 and a one year high of $70.15. The firm has a market cap of $13.68 billion, a price-to-earnings ratio of 14.79 and a beta of 0.84.

About iShares Core MSCI International Developed Markets ETF

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.