iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Reaches New 12-Month High – Time to Buy?

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $76.97 and last traded at $76.91, with a volume of 1278612 shares. The stock had previously closed at $75.28.

iShares Core MSCI Europe ETF Stock Performance

The stock has a market capitalization of $8.99 billion, a P/E ratio of 16.78 and a beta of 0.84. The firm has a 50-day moving average price of $75.16 and a 200 day moving average price of $74.04.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its stake in iShares Core MSCI Europe ETF by 1.1% in the fourth quarter. JPMorgan Chase & Co. now owns 9,098,317 shares of the company’s stock worth $645,799,000 after purchasing an additional 102,846 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares Core MSCI Europe ETF by 95.0% during the 1st quarter. Bank of America Corp DE now owns 7,579,128 shares of the company’s stock valued at $532,585,000 after acquiring an additional 3,691,520 shares during the period. LPL Financial LLC grew its position in iShares Core MSCI Europe ETF by 19.8% during the 4th quarter. LPL Financial LLC now owns 2,600,074 shares of the company’s stock worth $184,553,000 after acquiring an additional 428,861 shares during the last quarter. Assetmark Inc. lifted its position in iShares Core MSCI Europe ETF by 26.7% in the first quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock valued at $167,293,000 after purchasing an additional 501,422 shares during the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of iShares Core MSCI Europe ETF by 24.0% during the fourth quarter. MML Investors Services LLC now owns 1,469,316 shares of the company’s stock valued at $104,292,000 after purchasing an additional 284,413 shares during the period.

iShares Core MSCI Europe ETF Company Profile

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.