iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Hits New 52-Week High – What’s Next?

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) hit a new 52-week high on Wednesday . The company traded as high as $61.96 and last traded at $61.84, with a volume of 86918 shares trading hands. The stock had previously closed at $60.83.

iShares Core MSCI Europe ETF Price Performance

The stock has a 50 day moving average price of $57.01 and a two-hundred day moving average price of $57.70. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of 17.61 and a beta of 0.98.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE grew its stake in iShares Core MSCI Europe ETF by 5.2% during the 4th quarter. Bank of America Corp DE now owns 3,108,286 shares of the company’s stock worth $167,785,000 after purchasing an additional 153,862 shares in the last quarter. Assetmark Inc. grew its stake in iShares Core MSCI Europe ETF by 1.8% during the 4th quarter. Assetmark Inc. now owns 1,761,568 shares of the company’s stock worth $95,089,000 after purchasing an additional 30,921 shares in the last quarter. Elm Partners Management LLC grew its stake in iShares Core MSCI Europe ETF by 30.9% during the 3rd quarter. Elm Partners Management LLC now owns 1,322,765 shares of the company’s stock worth $80,596,000 after purchasing an additional 312,486 shares in the last quarter. ERTS Wealth Advisors LLC grew its stake in iShares Core MSCI Europe ETF by 11.6% during the 4th quarter. ERTS Wealth Advisors LLC now owns 1,082,780 shares of the company’s stock worth $58,448,000 after purchasing an additional 112,352 shares in the last quarter. Finally, Mather Group LLC. grew its stake in iShares Core MSCI Europe ETF by 1.5% during the 4th quarter. Mather Group LLC. now owns 1,026,193 shares of the company’s stock worth $55,394,000 after purchasing an additional 14,688 shares in 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.