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

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $71.07 and last traded at $70.9260, with a volume of 827283 shares. The stock had previously closed at $70.64.

iShares Core MSCI Europe ETF Trading Up 0.2%

The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. The stock has a 50-day moving average price of $69.21 and a two-hundred day moving average price of $67.58.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

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

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.