iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Hits New 12-Month High – What’s Next?

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $77.86 and last traded at $77.79, with a volume of 460451 shares. The stock had previously closed at $77.01.

iShares Core MSCI Europe ETF Trading Up 1.0%

The company’s fifty day simple moving average is $75.27 and its 200 day simple moving average is $74.15. The stock has a market capitalization of $9.09 billion, a P/E ratio of 16.78 and a beta of 0.84.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IEUR. Buska Wealth Management LLC grew its position in iShares Core MSCI Europe ETF by 10.6% during the second quarter. Buska Wealth Management LLC now owns 84,808 shares of the company’s stock worth $6,375,000 after buying an additional 8,123 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its holdings in shares of iShares Core MSCI Europe ETF by 22.6% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 5,506 shares of the company’s stock valued at $414,000 after acquiring an additional 1,015 shares in the last quarter. Harrell Investment Partners LLC raised its holdings in shares of iShares Core MSCI Europe ETF by 6.3% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,427 shares of the company’s stock valued at $1,761,000 after acquiring an additional 1,381 shares in the last quarter. Evanson Financial LLC bought a new stake in shares of iShares Core MSCI Europe ETF during the 2nd quarter valued at about $392,000. Finally, Israel Discount Bank of New York boosted its position in shares of iShares Core MSCI Europe ETF by 12.2% during the 2nd quarter. Israel Discount Bank of New York now owns 42,182 shares of the company’s stock valued at $3,171,000 after acquiring an additional 4,578 shares during the last quarter.

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.