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 mid-day trading on Tuesday . The company traded as high as $62.79 and last traded at $62.68, with a volume of 854684 shares changing hands. The stock had previously closed at $62.39.

iShares Core MSCI Europe ETF Price Performance

The business’s 50 day moving average price is $58.81 and its 200-day moving average price is $57.87. The company has a market cap of $4.85 billion, a P/E ratio of 17.88 and a beta of 0.97.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans raised its position in iShares Core MSCI Europe ETF by 579.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 39,590 shares of the company’s stock worth $2,412,000 after purchasing an additional 33,767 shares during the last quarter. Pathstone Holdings LLC raised its position in iShares Core MSCI Europe ETF by 40.4% in the 3rd quarter. Pathstone Holdings LLC now owns 56,284 shares of the company’s stock worth $3,429,000 after purchasing an additional 16,203 shares during the last quarter. PNC Financial Services Group Inc. raised its position in iShares Core MSCI Europe ETF by 9.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 36,105 shares of the company’s stock worth $2,200,000 after purchasing an additional 3,240 shares during the last quarter. Commerce Bank bought a new position in iShares Core MSCI Europe ETF in the 3rd quarter worth approximately $241,000. Finally, Altman Advisors Inc. raised its position in iShares Core MSCI Europe ETF by 19.1% in the 3rd quarter. Altman Advisors Inc. now owns 172,551 shares of the company’s stock worth $10,514,000 after purchasing an additional 27,710 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.