iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Hits New 52-Week High – Time to Buy?

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) reached a new 52-week high on Tuesday . The company traded as high as $62.79 and last traded at $62.68, with a volume of 854684 shares. The stock had previously closed at $62.39.

iShares Core MSCI Europe ETF Stock Up 0.5 %

The business has a fifty day simple moving average of $58.49 and a two-hundred day simple moving average of $57.81. The company has a market capitalization of $4.90 billion, a price-to-earnings ratio of 17.88 and a beta of 0.97.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

A number of institutional investors have recently added to or reduced their stakes in IEUR. FMR LLC raised its stake in shares of iShares Core MSCI Europe ETF by 52.9% in the third quarter. FMR LLC now owns 16,812 shares of the company’s stock valued at $1,024,000 after acquiring an additional 5,814 shares during the last quarter. WestEnd Advisors LLC raised its stake in shares of iShares Core MSCI Europe ETF by 0.6% in the fourth quarter. WestEnd Advisors LLC now owns 870,485 shares of the company’s stock valued at $46,989,000 after acquiring an additional 5,079 shares during the last quarter. Victory Capital Management Inc. raised its position in iShares Core MSCI Europe ETF by 6.0% in the 4th quarter. Victory Capital Management Inc. now owns 318,937 shares of the company’s stock worth $17,216,000 after purchasing an additional 18,111 shares during the last quarter. HighTower Advisors LLC raised its position in iShares Core MSCI Europe ETF by 8.0% in the 3rd quarter. HighTower Advisors LLC now owns 96,435 shares of the company’s stock worth $5,875,000 after purchasing an additional 7,117 shares during the last quarter. Finally, Stifel Financial Corp raised its position in iShares Core MSCI Europe ETF by 0.4% in the 3rd quarter. Stifel Financial Corp now owns 147,956 shares of the company’s stock worth $9,015,000 after purchasing an additional 601 shares during the last quarter.

About iShares Core MSCI Europe ETF

The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that is based on the MSCI Europe IMI index, a market-cap-weighted index of developed European securities. IEUR was launched on Jun 10, 2014 and is managed by BlackRock.