iShares Europe ETF (NYSEARCA:IEV) Reaches New 12-Month High at $56.10

iShares Europe ETF (NYSEARCA:IEV) reached a new 52-week high on Tuesday . The stock traded as high as $56.10 and last traded at $56.07, with a volume of 7889 shares trading hands. The stock had previously closed at $55.63.

iShares Europe ETF Stock Performance

The firm’s 50-day moving average is $54.79 and its 200 day moving average is $52.31. The firm has a market capitalization of $1.71 billion, a PE ratio of 15.32 and a beta of 0.80.

Institutional Investors Weigh In On iShares Europe ETF

Institutional investors have recently added to or reduced their stakes in the company. Obermeyer Wood Investment Counsel Lllp bought a new position in shares of iShares Europe ETF during the first quarter valued at approximately $3,340,000. Conservest Capital Advisors Inc. grew its holdings in shares of iShares Europe ETF by 20.2% during the first quarter. Conservest Capital Advisors Inc. now owns 18,309 shares of the company’s stock valued at $1,019,000 after buying an additional 3,073 shares in the last quarter. Unionview LLC purchased a new position in iShares Europe ETF during the first quarter valued at approximately $201,000. Commonwealth Equity Services LLC grew its stake in iShares Europe ETF by 24.5% in the first quarter. Commonwealth Equity Services LLC now owns 49,597 shares of the company’s stock valued at $2,761,000 after purchasing an additional 9,776 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its position in iShares Europe ETF by 422.4% during the first quarter. Checchi Capital Advisers LLC now owns 311,557 shares of the company’s stock valued at $17,344,000 after acquiring an additional 251,914 shares in the last quarter.

iShares Europe ETF Company Profile

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.