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

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

iShares Core MSCI Europe ETF Trading Up 0.7%

The firm has a market capitalization of $7.41 billion, a P/E ratio of 16.78 and a beta of 0.93. The business’s 50 day simple moving average is $70.67 and its two-hundred day simple moving average is $68.58.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

Several institutional investors have recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares Core MSCI Europe ETF in the second quarter worth $26,000. HHM Wealth Advisors LLC purchased a new position in shares of iShares Core MSCI Europe ETF during the fourth quarter worth $27,000. Franklin Resources Inc. acquired a new position in iShares Core MSCI Europe ETF during the second quarter valued at $27,000. Family Legacy Financial Solutions LLC acquired a new position in iShares Core MSCI Europe ETF during the third quarter valued at $29,000. Finally, Caldwell Trust Co purchased a new stake in iShares Core MSCI Europe ETF in the second quarter valued at $33,000.

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.