iShares Europe ETF (NYSEARCA:IEV) Sets New 52-Week High – Here’s What Happened

iShares Europe ETF (NYSEARCA:IEV) shares hit a new 52-week high on Tuesday . The stock traded as high as $73.86 and last traded at $73.7030, with a volume of 303031 shares. The stock had previously closed at $73.52.

iShares Europe ETF Price Performance

The stock has a market cap of $1.77 billion, a PE ratio of 16.48 and a beta of 0.91. The stock has a 50-day simple moving average of $70.77 and a 200-day simple moving average of $67.45.

Institutional Trading of iShares Europe ETF

Institutional investors have recently added to or reduced their stakes in the business. Financial Network Wealth Advisors LLC boosted its position in shares of iShares Europe ETF by 173.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 391 shares of the company’s stock worth $27,000 after buying an additional 248 shares during the period. Aberdeen Wealth Management LLC purchased a new position in shares of iShares Europe ETF in the second quarter valued at $25,000. Heartwood Wealth Advisors LLC acquired a new stake in iShares Europe ETF during the 3rd quarter valued at $29,000. Qube Research & Technologies Ltd lifted its holdings in iShares Europe ETF by 434.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 444 shares of the company’s stock worth $29,000 after buying an additional 361 shares in the last quarter. Finally, American National Bank & Trust acquired a new position in iShares Europe ETF in the 3rd quarter worth $32,000.

iShares Europe ETF Company Profile

iShares Europe ETF (the Fund), formerly iShares S&P Europe 350 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Europe 350 (the Index). The Index measures the performance of the stocks of companies in the countries, which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.