iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Reaches New 1-Year High – Still a Buy?

Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR) hit a new 52-week high during trading on Tuesday . The company traded as high as $78.64 and last traded at $78.46, with a volume of 57023 shares traded. The stock had previously closed at $78.31.

iShares Core MSCI Europe ETF Trading Down 0.3%

The stock has a market capitalization of $9.18 billion, a P/E ratio of 16.78 and a beta of 0.84. The company has a fifty day simple moving average of $76.15 and a two-hundred day simple moving average of $74.63.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

A number of institutional investors and hedge funds have recently modified their holdings of IEUR. Osbon Capital Management LLC bought a new position in iShares Core MSCI Europe ETF in the fourth quarter valued at approximately $26,000. Franklin Resources Inc. bought a new stake in shares of iShares Core MSCI Europe ETF during the 2nd quarter valued at $27,000. International Assets Investment Management LLC acquired a new position in shares of iShares Core MSCI Europe ETF in the 4th quarter valued at $28,000. Coston McIsaac & Partners acquired a new position in shares of iShares Core MSCI Europe ETF in the 4th quarter valued at $38,000. Finally, BOKF NA bought a new position in shares of iShares Core MSCI Europe ETF in the 3rd quarter worth $55,000.

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.