iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sets New 52-Week High – Should You Buy?

iShares Core MSCI Europe ETF (NYSEARCA:IEUR)’s stock price reached a new 52-week high on Thursday . The company traded as high as $76.97 and last traded at $76.91, with a volume of 1278612 shares. The stock had previously closed at $75.28.

iShares Core MSCI Europe ETF Price Performance

The stock has a market cap of $8.97 billion, a PE ratio of 16.78 and a beta of 0.84. The company’s fifty day moving average is $75.21 and its 200-day moving average is $74.09.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

A number of institutional investors have recently modified their holdings of IEUR. First Command Advisory Services Inc. grew its holdings in iShares Core MSCI Europe ETF by 21.2% during the fourth quarter. First Command Advisory Services Inc. now owns 842 shares of the company’s stock worth $60,000 after acquiring an additional 147 shares during the period. Apollon Wealth Management LLC boosted its position in iShares Core MSCI Europe ETF by 2.0% in the 4th quarter. Apollon Wealth Management LLC now owns 7,484 shares of the company’s stock worth $531,000 after purchasing an additional 150 shares in the last quarter. SCS Capital Management LLC grew its stake in shares of iShares Core MSCI Europe ETF by 1.2% during the 4th quarter. SCS Capital Management LLC now owns 13,130 shares of the company’s stock worth $932,000 after purchasing an additional 157 shares during the period. Financial Sense Advisors Inc. increased its holdings in shares of iShares Core MSCI Europe ETF by 5.7% during the 3rd quarter. Financial Sense Advisors Inc. now owns 3,238 shares of the company’s stock valued at $221,000 after purchasing an additional 176 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in shares of iShares Core MSCI Europe ETF by 27.8% during the 4th quarter. Asset Management One Co. Ltd. now owns 819 shares of the company’s stock valued at $58,000 after purchasing an additional 178 shares in 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.