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

Shares of iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) saw strong trading volume on Wednesday . Approximately 2,204,524 shares changed hands during mid-day trading, an increase of 53% from the previous session’s volume of 1,438,920 shares.The stock last traded at $68.35 and had previously closed at $68.18.

iShares Core MSCI Total International Stock ETF Stock Performance

The firm has a 50 day moving average price of $70.41 and a two-hundred day moving average price of $69.34. The company has a market cap of $37.50 billion, a P/E ratio of 13.97 and a beta of 0.84.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Mill Creek Capital Advisors LLC raised its position in shares of iShares Core MSCI Total International Stock ETF by 2.3% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 4,233,368 shares of the company’s stock worth $307,470,000 after acquiring an additional 93,647 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in iShares Core MSCI Total International Stock ETF by 1.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,473,114 shares of the company’s stock worth $106,992,000 after acquiring an additional 16,113 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of iShares Core MSCI Total International Stock ETF in the 3rd quarter valued at about $39,326,000. Vantage Financial Partners LLC boosted its stake in iShares Core MSCI Total International Stock ETF by 4.1% during the second quarter. Vantage Financial Partners LLC now owns 264,882 shares of the company’s stock worth $17,895,000 after buying an additional 10,397 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its holdings in shares of iShares Core MSCI Total International Stock ETF by 17.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 214,646 shares of the company’s stock worth $14,440,000 after buying an additional 32,324 shares during the period.

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.