iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Hits New 52-Week High – Time to Buy?

iShares Core MSCI Europe ETF (NYSEARCA:IEUR)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $70.48 and last traded at $70.35, with a volume of 706133 shares. The stock had previously closed at $69.48.

iShares Core MSCI Europe ETF Stock Performance

The company’s fifty day moving average price is $68.90 and its 200 day moving average price is $67.32. The firm has a market capitalization of $6.90 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93.

Institutional Trading of iShares Core MSCI Europe ETF

A number of institutional investors and hedge funds have recently made changes to their positions in IEUR. Twin Peaks Wealth Advisors LLC acquired a new position in iShares Core MSCI Europe ETF during the 2nd quarter valued at approximately $26,000. Franklin Resources Inc. acquired a new position in shares of iShares Core MSCI Europe ETF during the second quarter valued at $27,000. Family Legacy Financial Solutions LLC bought a new position in shares of iShares Core MSCI Europe ETF during the third quarter worth about $29,000. Caldwell Trust Co bought a new position in shares of iShares Core MSCI Europe ETF during the second quarter worth about $33,000. Finally, MMA Asset Management LLC acquired a new stake in shares of iShares Core MSCI Europe ETF in the 3rd quarter worth about $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.