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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $73.42 and last traded at $73.2280, with a volume of 108717 shares. The stock had previously closed at $72.86.

iShares Core MSCI Europe ETF Stock Performance

The company has a market capitalization of $7.36 billion, a PE ratio of 16.78 and a beta of 0.93. The company’s fifty day moving average is $70.51 and its 200-day moving average is $68.49.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in iShares Core MSCI Europe ETF by 75.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 82,949 shares of the company’s stock worth $4,989,000 after purchasing an additional 35,648 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares Core MSCI Europe ETF by 7.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 38,272 shares of the company’s stock worth $2,538,000 after acquiring an additional 2,729 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in iShares Core MSCI Europe ETF by 88.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 20,012 shares of the company’s stock valued at $1,325,000 after acquiring an additional 9,392 shares during the period. Graypoint LLC grew its stake in iShares Core MSCI Europe ETF by 6.3% in the 2nd quarter. Graypoint LLC now owns 109,482 shares of the company’s stock worth $7,248,000 after acquiring an additional 6,455 shares in the last quarter. Finally, Perigon Wealth Management LLC bought a new position in shares of iShares Core MSCI Europe ETF during the 2nd quarter worth $202,000.

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.