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

iShares Core MSCI Europe ETF (NYSEARCA:IEUR)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock 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 Up 0.5 %

The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of 17.88 and a beta of 0.97. The stock’s 50 day moving average price is $58.49 and its two-hundred day moving average price is $57.81.

Hedge Funds Weigh In On iShares Core MSCI Europe ETF

Several hedge funds have recently bought and sold shares of the business. Dogwood Wealth Management LLC increased its position in iShares Core MSCI Europe ETF by 1.6% during the fourth quarter. Dogwood Wealth Management LLC now owns 40,030 shares of the company’s stock worth $2,161,000 after buying an additional 633 shares during the last quarter. Yoffe Investment Management LLC bought a new stake in iShares Core MSCI Europe ETF during the fourth quarter valued at about $224,000. Lakeshore Capital Group Inc. bought a new stake in iShares Core MSCI Europe ETF during the fourth quarter valued at about $1,045,000. Garde Capital Inc. boosted its holdings in iShares Core MSCI Europe ETF by 1.5% during the fourth quarter. Garde Capital Inc. now owns 280,573 shares of the company’s stock valued at $15,145,000 after acquiring an additional 4,042 shares during the period. Finally, GTS Securities LLC bought a new stake in iShares Core MSCI Europe ETF during the fourth quarter valued at about $263,000.

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.