iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sets New 52-Week Low – Time to Sell?

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $53.17 and last traded at $53.75, with a volume of 1328654 shares changing hands. The stock had previously closed at $54.02.

iShares Core MSCI Europe ETF Stock Down 0.5 %

The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 17.26 and a beta of 0.89. The company has a 50-day moving average price of $59.83 and a 200 day moving average price of $57.89.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Hedge funds have recently bought and sold shares of the business. FMR LLC lifted its position in iShares Core MSCI Europe ETF by 52.9% in the 3rd quarter. FMR LLC now owns 16,812 shares of the company’s stock worth $1,024,000 after buying an additional 5,814 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of iShares Core MSCI Europe ETF by 8.0% in the third quarter. HighTower Advisors LLC now owns 96,435 shares of the company’s stock worth $5,875,000 after acquiring an additional 7,117 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of iShares Core MSCI Europe ETF by 0.4% during the third quarter. Stifel Financial Corp now owns 147,956 shares of the company’s stock worth $9,015,000 after acquiring an additional 601 shares in the last quarter. National Bank of Canada FI boosted its position in iShares Core MSCI Europe ETF by 3.9% during the third quarter. National Bank of Canada FI now owns 9,258 shares of the company’s stock valued at $564,000 after purchasing an additional 350 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in iShares Core MSCI Europe ETF by 261.2% in the third quarter. MML Investors Services LLC now owns 560,765 shares of the company’s stock valued at $34,167,000 after purchasing an additional 405,527 shares in 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.