iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sets New 52-Week High – What’s Next?

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

iShares Core MSCI Europe ETF Trading Up 0.3%

The company has a market cap of $7.34 billion, a PE ratio of 16.78 and a beta of 0.93. The company has a fifty day simple moving average of $70.03 and a two-hundred day simple moving average of $68.23.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares Core MSCI Europe ETF in the second quarter valued at about $26,000. Franklin Resources Inc. purchased a new position in iShares Core MSCI Europe ETF during the second quarter worth $27,000. Family Legacy Financial Solutions LLC acquired a new position in iShares Core MSCI Europe ETF in the 3rd quarter valued at about $29,000. Caldwell Trust Co acquired a new position in iShares Core MSCI Europe ETF in the 2nd quarter valued at $33,000. Finally, JFS Wealth Advisors LLC acquired a new position in iShares Core MSCI Europe ETF during the fourth quarter worth approximately $37,000.

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.