iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Unusually-High Trading Volume

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw unusually-high trading volume on Thursday . Approximately 3,173,417 shares changed hands during trading, an increase of 267% from the previous session’s volume of 864,368 shares.The stock last traded at $55.48 and had previously closed at $55.59.

iShares Core MSCI Europe ETF Trading Up 0.2 %

The stock’s 50-day simple moving average is $56.53 and its 200-day simple moving average is $53.73. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 15.09 and a beta of 0.85.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in IEUR. JPMorgan Chase & Co. grew its position in iShares Core MSCI Europe ETF by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 15,786,004 shares of the company’s stock worth $826,871,000 after acquiring an additional 2,746,232 shares during the last quarter. Moneta Group Investment Advisors LLC bought a new stake in iShares Core MSCI Europe ETF during the 4th quarter worth approximately $267,320,000. Morgan Stanley increased its position in iShares Core MSCI Europe ETF by 6.4% in the 3rd quarter. Morgan Stanley now owns 3,117,417 shares of the company’s stock valued at $154,811,000 after acquiring an additional 188,303 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares Core MSCI Europe ETF by 9.6% during the first quarter. Bank of America Corp DE now owns 2,562,916 shares of the company’s stock worth $134,246,000 after purchasing an additional 225,504 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of iShares Core MSCI Europe ETF by 18.5% in the third quarter. Envestnet Asset Management Inc. now owns 2,363,637 shares of the company’s stock worth $117,378,000 after purchasing an additional 369,768 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.