Shares of iShares Core MSCI Europe ETF (NYSEARCA:IEUR – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $76.97 and last traded at $76.91, with a volume of 1278612 shares. The stock had previously closed at $75.28.
iShares Core MSCI Europe ETF Trading Up 2.2%
The company has a market cap of $8.99 billion, a PE ratio of 16.78 and a beta of 0.84. The stock has a 50 day moving average price of $75.16 and a 200 day moving average price of $74.04.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in IEUR. Bank of America Corp DE increased its holdings in shares of iShares Core MSCI Europe ETF by 95.0% during the first quarter. Bank of America Corp DE now owns 7,579,128 shares of the company’s stock valued at $532,585,000 after acquiring an additional 3,691,520 shares in the last quarter. a16z Perennial Management L.P. bought a new stake in shares of iShares Core MSCI Europe ETF in the 4th quarter worth $60,559,000. Assetmark Inc. boosted its position in shares of iShares Core MSCI Europe ETF by 26.7% during the first quarter. Assetmark Inc. now owns 2,380,720 shares of the company’s stock valued at $167,293,000 after buying an additional 501,422 shares during the last quarter. MV Capital Management Inc. purchased a new position in iShares Core MSCI Europe ETF in the 4th quarter worth about $33,111,000. Finally, Royal Bank of Canada grew its stake in shares of iShares Core MSCI Europe ETF by 53.7% in the first quarter. Royal Bank of Canada now owns 1,229,530 shares of the company’s stock worth $86,399,000 after acquiring an additional 429,717 shares during the period.
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.
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