iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sets New 12-Month High – Here’s Why

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) shares hit a new 52-week high on Monday . The company traded as high as $71.29 and last traded at $71.1170, with a volume of 550246 shares changing hands. The stock had previously closed at $71.05.

iShares Core MSCI Europe ETF Trading Down 0.4%

The firm has a market capitalization of $6.96 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. The stock’s 50 day moving average price is $69.30 and its two-hundred day moving average price is $67.65.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares Core MSCI Europe ETF in the 2nd quarter valued at $26,000. Franklin Resources Inc. acquired a new stake in iShares Core MSCI Europe ETF during the second quarter worth about $27,000. Family Legacy Financial Solutions LLC purchased a new position in shares of iShares Core MSCI Europe ETF in the 3rd quarter worth about $29,000. Caldwell Trust Co acquired a new position in shares of iShares Core MSCI Europe ETF in the 2nd quarter valued at about $33,000. Finally, MMA Asset Management LLC acquired a new stake in iShares Core MSCI Europe ETF during the 3rd quarter worth approximately $35,000.

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.