iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Hits New 1-Year High – What’s Next?

iShares Core MSCI Europe ETF (NYSEARCA:IEUR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $66.23 and last traded at $66.01, with a volume of 171944 shares traded. The stock had previously closed at $65.27.

iShares Core MSCI Europe ETF Price Performance

The company has a fifty day moving average of $61.30 and a 200-day moving average of $58.59. The firm has a market cap of $6.30 billion, a P/E ratio of 17.52 and a beta of 0.93.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position in iShares Core MSCI Europe ETF by 62.8% in the first quarter. Envestnet Asset Management Inc. now owns 5,560,368 shares of the company’s stock worth $334,456,000 after purchasing an additional 2,145,678 shares during the last quarter. Bank of America Corp DE boosted its position in iShares Core MSCI Europe ETF by 5.2% in the fourth quarter. Bank of America Corp DE now owns 3,108,286 shares of the company’s stock worth $167,785,000 after purchasing an additional 153,862 shares during the last quarter. Assetmark Inc. boosted its position in iShares Core MSCI Europe ETF by 2.7% in the first quarter. Assetmark Inc. now owns 1,809,063 shares of the company’s stock worth $108,815,000 after purchasing an additional 47,495 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares Core MSCI Europe ETF by 2.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,525,514 shares of the company’s stock worth $92,736,000 after purchasing an additional 43,584 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of iShares Core MSCI Europe ETF by 113.8% during the 1st quarter. LPL Financial LLC now owns 1,360,443 shares of the company’s stock valued at $81,831,000 after buying an additional 724,218 shares during 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.