iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sees Large Volume Increase

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) saw unusually-high trading volume on Wednesday . Approximately 308,140 shares traded hands during trading, a decline of 59% from the previous session’s volume of 750,390 shares.The stock last traded at $59.74 and had previously closed at $59.67.

iShares Core MSCI Europe ETF Trading Down 0.3 %

The stock has a market capitalization of $4.98 billion, a PE ratio of 15.22 and a beta of 0.85. The firm has a 50 day moving average of $58.53 and a two-hundred day moving average of $58.09.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of IEUR. Metis Global Partners LLC increased its position in iShares Core MSCI Europe ETF by 850.4% during the 1st quarter. Metis Global Partners LLC now owns 1,042,717 shares of the company’s stock worth $60,321,000 after purchasing an additional 933,008 shares in the last quarter. ERTS Wealth Advisors LLC purchased a new stake in shares of iShares Core MSCI Europe ETF during the second quarter worth about $36,830,000. Bank of Montreal Can raised its position in shares of iShares Core MSCI Europe ETF by 4,018.4% in the second quarter. Bank of Montreal Can now owns 562,778 shares of the company’s stock valued at $32,503,000 after buying an additional 549,113 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Core MSCI Europe ETF by 22.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,997,229 shares of the company’s stock valued at $113,742,000 after buying an additional 372,302 shares during the period. Finally, Cetera Investment Advisers boosted its position in iShares Core MSCI Europe ETF by 64.5% during the first quarter. Cetera Investment Advisers now owns 439,295 shares of the company’s stock worth $25,413,000 after acquiring an additional 172,312 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.