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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) hit 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 Stock Performance

The firm has a market capitalization of $4.85 billion, a P/E ratio of 17.88 and a beta of 0.97. The firm has a 50 day moving average price of $58.81 and a two-hundred day moving average price of $57.87.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Large investors have recently modified their holdings of the stock. Avior Wealth Management LLC lifted its holdings in shares of iShares Core MSCI Europe ETF by 73.5% in the fourth quarter. Avior Wealth Management LLC now owns 748 shares of the company’s stock valued at $40,000 after purchasing an additional 317 shares in the last quarter. BTG Pactual Asset Management US LLC purchased a new stake in shares of iShares Core MSCI Europe ETF in the fourth quarter valued at $42,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of iShares Core MSCI Europe ETF in the fourth quarter valued at $49,000. Finley Financial LLC purchased a new stake in shares of iShares Core MSCI Europe ETF in the fourth quarter valued at $55,000. Finally, Quent Capital LLC purchased a new stake in shares of iShares Core MSCI Europe ETF in the fourth quarter valued at $58,000.

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.