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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $71.74 and last traded at $71.6350, with a volume of 2011989 shares. The stock had previously closed at $70.98.

iShares Core MSCI Europe ETF Trading Up 0.0%

The firm has a 50 day moving average price of $69.50 and a 200 day moving average price of $67.85. The stock has a market capitalization of $7.10 billion, a PE ratio of 16.78 and a beta of 0.93.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

A number of hedge funds have recently made changes to their positions in IEUR. Laurel Wealth Advisors LLC lifted its position in shares of iShares Core MSCI Europe ETF by 6,520.0% during the second quarter. Laurel Wealth Advisors LLC now owns 274,466 shares of the company’s stock valued at $18,170,000 after buying an additional 270,320 shares during the last quarter. Asset Management One Co. Ltd. purchased a new position in iShares Core MSCI Europe ETF in the 2nd quarter worth $41,000. Betterment LLC grew its stake in iShares Core MSCI Europe ETF by 35.6% during the 2nd quarter. Betterment LLC now owns 224,406 shares of the company’s stock valued at $14,856,000 after purchasing an additional 58,917 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of iShares Core MSCI Europe ETF by 2.7% in the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 415,484 shares of the company’s stock valued at $27,505,000 after purchasing an additional 10,782 shares during the period. Finally, Coppell Advisory Solutions LLC acquired a new stake in shares of iShares Core MSCI Europe ETF during the second quarter worth about $526,000.

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.