iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Reaches New 12-Month High – Here’s What Happened

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) hit a new 52-week high on Monday . The company traded as high as $73.00 and last traded at $73.0150, with a volume of 76668 shares trading hands. The stock had previously closed at $72.74.

iShares Core MSCI Europe ETF Stock Performance

The stock has a market capitalization of $7.23 billion, a PE ratio of 16.78 and a beta of 0.93. The firm has a 50 day moving average of $69.83 and a 200-day moving average of $68.12.

Institutional Trading of iShares Core MSCI Europe ETF

A number of hedge funds have recently made changes to their positions in IEUR. JPMorgan Chase & Co. grew its position in iShares Core MSCI Europe ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 8,995,471 shares of the company’s stock valued at $612,771,000 after purchasing an additional 41,293 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares Core MSCI Europe ETF by 15.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,513,210 shares of the company’s stock valued at $443,680,000 after buying an additional 847,912 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares Core MSCI Europe ETF by 73.5% during the 3rd quarter. Bank of America Corp DE now owns 5,374,280 shares of the company’s stock valued at $366,096,000 after buying an additional 2,277,084 shares during the period. CI Investments Inc. grew its holdings in shares of iShares Core MSCI Europe ETF by 9.2% during the 3rd quarter. CI Investments Inc. now owns 3,785,191 shares of the company’s stock valued at $257,847,000 after acquiring an additional 318,902 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of iShares Core MSCI Europe ETF by 9.3% in the second quarter. Assetmark Inc. now owns 1,977,837 shares of the company’s stock worth $130,933,000 after acquiring an additional 168,774 shares during the last quarter.

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.